Ever since the South Dakota vs. Wayfair decision, states have sought a convenient way to enforce sales and use tax collection and remittance obligations on the out-of-state remote sellers that couldn’t scale their tax operations.
Marketplace facilitators, the businesses that provide digital platforms to facilitate remote sales, quickly fell into the spotlight: by requiring these facilitators to collect and remit on behalf of sellers, states could significantly reduce the effort and cost required to enforce compliance on thousands of individual sellers.
These sellers must navigate this shifting landscape of tax responsibility without negatively impacting the incredible growth ahead of the e-commerce space. In this e-book, we explore four common questions about the tax laws and provisions that are in place for marketplace facilitators, including:
Who is responsible for recordkeeping, audit exposure, proper tax calculation – and what level of detailed sales information should the MPF pass to the seller?
How is collection responsibility determined?
What economic nexus thresholds are required?
How is taxability determined?
Download our e-book to discover what tax leaders can do to ensure they stay aware and ahead of their responsibilities.