VAT news tagged as "economic nexus"

United States

US Congress bill to curb out-of-state Sales Tax Jan 2019

September 19th, 2018

US legislators in Congress are to consider two bills providing for a consistent imposition of the ‘economic nexus’ Sales Tax test, including a $10million annual sales threshold. This follows the Supreme Court South Dakota vs Wayfair, Inc ruling which freed states to oblige out-of-state e-commerce sellers to collect state Sales Tax. Only South Dakota and Maine prohibit …