Author: Kay Gotshall
Here is an interesting article about how online companies may eventually be subject to sales tax in different states. If you have any online companies, especially one that sells tangible property with affiliates or independent representatives in other states, this is something you need to consider. The new Amazon or click through nexus rules are being passed in a lot of states.
Read more here from CCH's “Figures”: Congress Takes Aim at Online Sellers
The information contained within this article is provided for informational purposes only and is current as of the date published. Online readers are advised not to act upon this information without seeking the service of a professional accountant, as this article is not a substitute for obtaining accounting, tax, or financial advice from a professional accountant.