The Wayfair Supreme Court decision will have broad impacts to states, e-commerce sellers, digital service providers, consumers, as well as buyers and sellers of businesses. Companies should take time to understand how their products and services will be taxed in all the states in which they are sold, and create a system that tracks this activity if it doesn’t already exist. Now may be the time to consider tax automation solutions to ensure compliance with state and local laws, and to more efficiently report and remit taxes. BDO provides the latest insights to help companies prepare.
from BDO USA Tax Publications Feed https://www.bdo.com/insights/tax/state-and-local-tax/bdo-knows-the-business-impacts-of-wayfair
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