200-transaction per annum threshold removed; $100k threshold remains Indiana joins most other US states in withdrawing its transaction threshold for non-resident sellers. This had been 200 or more sales per annum, and applied to out-of-state – sellers without a presence or nexus in the state.
Business Payments Coalition launch DBNAlliance as common e-invoice network exchange option A new not-for-profit entity, Digital Business Networks Alliance, has been established as the legal entity to run an industry-backed e-invoicing exchange framework. The focus of its current 30 members is in the energy, supply
Planned cut to state sales tax rate from 5% to 4.875% may be extended to 4.625% The US state of New Mexico is scheduled to reduce its state-level sales tax rate from 5% to 4.875% from 1 July 2023. However, Gov. Michelle Lujan Grisham has
Remote facilitating marketplaces will have to immediately register for sales tax for their out-of-state sellers 1 August 2023 Louisiana is to withdraw the threshold for e-commerce out-of-state marketplaces facilitating the sales of sellers. Above this threshold, and the facilitating marketplace must register with the state
7% sales tax due on providers of digital services to consumers Mississippi is the latest US state to impose its state sales tax on a range of digital services. This will be introduced from 1 July 2023. This is being done be updating the definition
Governor to produce new plan to implement a state-wide sales tax Governor Dunleavy has stated this week that he intends to provide legislators with a state sales tax implementation proposal shortly. This comes as the state struggles with deficits and it’s economy being amongst the
4-year cut from 4.5% to 4.2% approved by Governor – 1 July 2023 until 30 June 2027 South Dakota’s two legislative chambers, the Senate and House, have voted for a four year temporary reduction in the sales tax rate (gross receipts tax) from 4.5% to
Remote or out-of-state e-commerce sellers will have to register with Department of Revenue and charge 4.5% sales tax only is sales about US$100,000 South Dakota is removing the sales tax transaction threshold of 100 or more sales for out-of-state sellers from 1 July 2023. This
Another US state to extend sales tax to streaming media, gaming, online services to consumers Georgia’s legislature is proposing extending 4% sales tax from 1 January 2024 on a range of digital or electronic services. This would include: Online gaming E-books Online applications The proposed
Single national sales tax levy propositions to replace state income, payroll, state sales and gift taxes The US Congress’ research service has floated a proposal for a 2025 single national retails sales tax (NST) – a variation of VAT – regime to replace many existing
