Even though your business might not have a physical presence established in a particular state, you might now be required to comply with local state tax laws and collect sales tax from buyers. Current state tax laws on economic nexus thresholds vary widely, and states have started to enforce economic nexus. We encourage you to seek guidance from your trusted tax advisor to understand its potential impact to your business.
How does economic nexus impact me? Print
Modified on: Mon, 15 Nov, 2021 at 3:33 PM
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