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
Package of economic support includes cut to 6.85% with more reductions to come The Governor of Rhode Island state, Dan McKee has proposed a cut to the sales tax rate as part of a package of relief measures totalling $100 million for the 2024 fiscal
Pilot to establish procedures and benefits of federal e-invoicing regime to continue into 2023 The Business Payments Coalition has confirmed that its e-invoicing pilot will be extended into 2023. Started in April this year, the pilot will soon have 100 businesses participating. The aim is
State court blocks 6% sales tax on digital services In the latest twist on the implementation of sales tax on digital services in Maryland, a state circuit court has stuck down the charge as violating the Internet Tax Freedom Act, the Commerce Clause, and the
Washington first state to extend sales taxes to NFT sellers and retailers Washington has become the first US state to bring Non-Fungible Tokens (NFTs) trading within its sales tax regime. Since July, sellers or retailers must charge the 6.5% state tax and 0.471% Business &
Court rules out-of-state e-commerce sellers not controlling stocks exempted them from in-state tax liabilities Pennsylvania court has ruled that out-of-state sellers using Amazon’s Fulfilment by Amazon (FBA) service are not subject to local sales tax. The case was brought by a seller association, Online Merchants
Two-step sales tax (gross receipts tax) rate reduction with growing dependency of energy taxes The US state of New Mexico has reduced its sales tax (termed gross receipts tax) rate from 5.125% to 5%. It will be cut again by the same amount to 4.875%
South Dakota vs Wayfair Supreme Court 2018 – tax obligations on remote sellers and marketplace platforms The US Supreme Court in South Dakota vs Wayfair ruled 21 June 2018 that states may now for the first time impose sales tax obligations on out-of-state or foreign
‘Axe the Food Tax’ campaign approved by Governor The US state of Kansas is to phase out sales tax on food and food ingredients, covering “substances, whether in liquid, concentrated, solid, frozen, dried or dehydrated form, that are sold for ingestion or chewing by humans and
The US’ Business Payments Coalition has launched a federal B2B electronic invoicing exchange pilot in the second half of 2022. The aim is to launch a full public scheme in 2023 for voluntary adoption. Over 75 international businesses have now joined the pilot as at
