Sales Tax
Latest News
Zone & Co Launches ZoneBilling AI Assistant
IRS Extends Tax Deadlines Until May For Helene Victims
Avantax Acquires SEP Financial Services
Sovos Launches Indirect Tax Suite for SAP, Enhances Clean Core Readiness
Vertex Introduces Taxamo Assure for New EU VAT E-Commerce Rules
The new EU VAT regulations impose additional compliance burdens and increased complexity with changes to rates, thresholds and remittance processes for all merchants remotely selling into the EU. Assure offers a complete solution for the merchant to ...
Sovos Acquires Portugal Accounting Technology Companies
Together with existing Sovos capabilities, the acquisitions create a complete VAT, SAF-T and business-to-government (B2G) compliance solution for customers operating in Portugal, while adding compliant e-invoicing connectivity and extended digital ...
Missouri Becomes Last Sales Tax State to Adopt Wayfair Legislation
On June 30, 2021, Missouri became the last state with a sales tax to require out-of-state sellers and marketplace facilitators to collect and remit sales and use tax. It’s been a long time coming.
Vertex Expands Partnership and Releases Integration for Mirakl Marketplace Platform with Full VAT Support
As new value-added tax (VAT) rules for e-commerce transactions take effect on July 1, 2021, this integration will help companies remotely selling and supplying intra-European Union goods by enabling them to seamlessly calculate tax using Vertex ...
Most States to Treat PPP Loan Forgiveness as Nontaxable Income
Twenty-nine state tax departments responded they will follow the federal treatment of such forgiveness or cancellation under section 1160(i) of the CARES Act and will not treat these amounts as taxable income. An executive summary of the survey, which ...
Avalara Enables Global Sellers to Manage Treaty and Trade Restrictions for Cross-Border Commerce
Trade treaties are formal agreements between two or more countries that make it easier to trade between each other by reducing tariffs, quotas, and other trade restrictions. For businesses, assembling and maintaining content related to treaties ...
Third Anniversary of Wayfair Marked by Pandemic
It’s been three years since the Supreme Court of the United States issued the game-changing decision on South Dakota v. Wayfair, Inc. Businesses are still learning how to manage the aftereffects of this groundbreaking event, even as they navigate the ...
Maine Eliminates Transaction Thresholds for Remote Sellers and Marketplaces
This change stems from the enactment of House Paper 891, An Act To Amend the State Tax Laws, which Governor Janet Mills signed into law on June 11, 2021. The measure doesn’t mention the transaction threshold — it simply removed it from the section ...