When does SBD need to implement Wayfair? That is, when are states expecting Companies to register...

When does SBD need to implement Wayfair? That is, when are states expecting Companies to register for sales tax after Wayfair? Which Jurisdictions are highest priority to SBD. Should SBD start collecting and remitting sales tax in all 50 states?

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Expert Solution

SDB needs to implement Wayfair as per July,1 ,2018 which applies to tax years beginning after 31st Dec 2017 as per the ruling on June 21st 2018.

There are 32 states which are a part of SSUTA that SDB can collect and remit sales tax from-

Preexisting prior to Wayfair: Pennsylvania & Rhode Island (both give retailers a choice between collecting tax or complying with notice-and-reporting laws)
July 1, 2018: Colorado (notice-and-reporting only), Hawaii, Maine, Oklahoma, Tennessee, Vermont
September 1, 2018: Mississippi
October 1, 2018: Alabama, Illinois, Indiana, Kentucky, Michigan, Minnesota, New Jersey, North Dakota, Washington, Wisconsin
November 1, 2018: North Carolina
December 1, 2018: Connecticut
January 1, 2019: Georgia, Iowa, Louisiana, Nebraska, Utah
Not yet formalized: Maryland, Nevada, South Carolina, Wyoming
In litigation: Massachusetts, Ohio, South Dakota

information source: taxfoundation.org

ekkarill92 answered 1 year ago

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