US sales tax and sourcing rules simplified – Bill to or Ship to?
US sales tax is a lot like real estate: it’s all about location, location, location. Retailers, distributors, service providers — even software companies — have a lot to consider when it comes to sourcing rules on sales tax. As many of you know, it’s not as simple as charging a tax rate based on where an invoice is billed. It’s a challenging problem to solve, but it’s about to get easier.
Attend this webinar and learn:
- The difference between “origin” based vs “destination” based — and the handful of states that have different tax rules
- The tax rules around selling services and intangible property
- How use tax factors in for buyers and distributors
- Situations that create tax liability in states you never considered (nexus)
Sourcing rules are a critical issue and source of risk for many companies, especially as states are taking a bigger interest in getting their share of revenue. Sales tax guru Jordan M. Goodman, J.D., LL.M. has worked with (and defended) many companies, helping them audit proof their business and establish tax compliance for this all too common problem.