The U.S. Supreme Court has abandoned 50 years of sales tax nexus precedent with its South Dakota v. Wayfair decision. States may now impose sales tax registration, collection, and documentation responsibilities on sellers without a physical presence in the state. In fact, merely having customers in the state where those sales exceed a threshold level of sales dollars or number of transactions can give rise to sales tax nexus.
Hosted by SALT Praxity Firms, this webinar examines the Court’s majority and dissenting opinions, explains what it means to all sellers (not just retailers), reviews which states have already adopted economic nexus laws or regulations, and explores the possibility of U.S. Congress enacting a uniform national standard to regulate the states, as authorized by the U.S. Constitution Commerce Clause.
At the conclusion of this session, participants will be able to:
- Describe the history of the former physical presence nexus standard.
- Explain the USSC ruling in South Dakota v. Wayfair and how it impacts remote sellers.
- Describe how states have reacted to the Wayfair decision over the past year and how Congress might react.
Moderator
- Ken Taylor, director, BKD
Presenters
- Michael Colavito, Jr., director (state and local tax), Aronson LLC
- Ken Rios, principal, Kaufman Rossin
- Seth Rabe, state and local tax specialist, Mazars USA
