Tax Compliance for Manufacturers
Understanding Today’s Regulatory Landscape
It is well known that sales tax liability is dictated by state nexus laws. It is also fairly well known that these laws changed significantly after the Supreme Court ruled in favor of the state in last year’s "South Dakota v. Wayfair, Inc.” case.
What is not as well-known is how these changes have affected the manufacturing industry – an industry whose members often have both exempt and non-exempt transactions.
In this session, you will learn:
- How to assess whether you have economic nexus in various states
- How exempt and non-exempt transactions impact nexus thresholds
- How drop shipments are impacted by the new rulings
- How your business may qualify for free services for determination & filing
- How automation helps maintain compliance as rules continue to change and your business grows