This week the United States Supreme Court issued the long awaited ruling on South Dakota v. Wayfair, Inc. South Dakota can require internet retailers to collect sales tax on purchases by South Dakota buyers, even if the retailer lacks a physical presence in the state.
Is it possible that the Supreme Court's decision could put an end to “tax-free” shopping for good? Out-of-state retailers might now have a new set of obligations and challenges ahead of them, while states could potentially gain billions in revenue from taxing out-of-state sellers on their online sales. But what does it mean for your business?
Our friends at Avalara are bringing together two leading tax policy experts - Scott Peterson and Rachel Le Mieux, CPA, CMI - to break down the ruling and explain:
- Whether remote sellers need to file and register in more states
- How the ruling affects future laws across other states
- How to determine whether you’re on the hook for sales tax based on where you conduct business
About the Speakers:
Scott Peterson, Vice President of Tax Policy and Government Affairs
Scott Peterson was the first executive director of the Streamlined Sales Tax Governing Board. For seven years Scott acted as the chief operating officer of an organization devoted to making sales tax simpler and more uniform for the benefit of business.
Rachel Le Mieux, CPA, CMI, SALT Partner at Peterson Sullivan LLP
Rachel has been practicing in state and local taxes (SALT) since 1985. She is a certified public accountant and a certified member of the institute (CMI) for professionals in state and local taxation. She consults with clients in a broad range of industries on state and local tax issues involving sales and use taxes, gross receipts taxes, income taxes, and other miscellaneous taxes.
Shane Ratigan, Senior Manager at Clark Nuber
As a Senior Manager with tax consultants Clark Nuber, Shane works with a variety of clients across many industries, helping them navigate tax their compliance obligations and mitigate risk. Shane also councils and collaborates with organizations to help them build sustainable and repeatable sales and use tax processes.
Avalara helps businesses get tax compliance right. Avalara’s customers face demanding tax obligations imposed by state, local, and other taxing authorities around the world, and rely on Avalara to provide efficient and accurate solutions to manage those requirements. The company provides solutions for various transactional taxes, including sales and use, VAT, excise, communications, and others. Each year, Avalara serves customers by processing billions of tax transactions, filing more than a million transaction tax returns, and managing millions of tax exemption certificates and other compliance documents.
We work tirelessly with Sage Intacct Marketplace Partners to bring you educational-based product information to help maximize your Sage Intacct environment.
Please note that this is in no way an endorsement or solicitation of Avalara. They are just one of the many marketplace solutions that integrate with Sage Intacct. For a full listing of solutions, please visit the Sage Intacct Marketplace >