LGT's Profit Sense

This past June 21^st marked the second anniversary of the Supreme Court’s decision in South Dakota v. Wayfair.  That decision eliminated the physical presence test for sales tax nexus and blessed the states using an “economic nexus” test. 

Topics: SALT, Wayfair

In response to the Supreme Court decision in South Dakota v. Wayfair (click here for our previous article on this subject), the Texas Comptroller has adopted amendments to Rule 3.286 regarding “remote sellers” (vendors with no physical presence in Texas).  These amendments go into effect on January 1, 2019.

Summary

Topics: SALT, Wayfair, State and local taxes, LGT

The Wayfair decision

Topics: SALT, Wayfair