Are State Digital Services Taxes Off the Table? Don’t Count On It
The rumors of DST’s death are greatly exaggerated, and tax leaders should keep a close eye on developments.
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Tax executives and professionals in companies with remote sales are diligently working to calculate the potential impact of the Supreme Court’s June South Dakota v. Wayfair decision, which allows states to require such businesses to collect sales tax on out-of-state transactions. Regardless of where your company is based (non-U.S. remote sellers are also affected), it could now be required to collect sales tax for online purchases. If it is impacted, you’ll want to check out the new Vertex webcast, Supreme Court S. Dakota v. Wayfair Decision … Now What?
The discussion is chaired by Dave Pelton, Vertex product line leader for transaction tax. He’s joined by two more Vertex experts – Michael Bernard, chief tax officer for transaction tax, and Nancy Manzano, director in the chief tax office – and by Rick Heller, managing director in Deloitte Tax’s technology, media and telecommunications practice.
In my previous post, I covered two topics in the webcast that will likely be uppermost in tax execs’ minds: states’ responses to the ruling and the concern that some jurisdictions could impose new requirements retroactively. Three other crucial questions were also covered in the discussion:
Nancy, Michael and Rick discussed several other implications of the Wayfair decision and answered viewer questions during the webcast as well. I invite you to listen to see how your business could be impacted and how to prepare.
Please remember that the Tax Matters provides information for educational purposes, not specific tax or legal advice. Always consult a qualified tax or legal advisor before taking any action based on this information.
Evaluate your current sales and use tax readiness in light of the recent Supreme Court ruling in South Dakota v. Wayfair.
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