Written by: Mike Riley, CPA
An issue for any type of business operating in more than one state is determining the states in which it must file and pay income, gross receipts and sales tax. States’ have jurisdiction to tax business entities organized in another state only if the business entity has created sufficient nexus in their respective state. Different states have different nexus standards , different threshold amounts and to make matters real confusing the different types of taxes have different nexus standards. These different standards are the outgrowth of both the economic downturn and recent judicial decisions.
Electronic commerce has radically changed the way we conduct business, we here at Robert F Murray, PC can help you navigate these very complex issues.