TaxConnex

APRIL 4, 2024

A matter of numbers South Dakota – center of the Wayfair decision – recently eliminated its 200-transaction threshold; only those selling $100,000 or more into the state will be required to register, collect and remit sales tax. At least some states that initially instituted them are now axing transaction thresholds.

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South Dakota North Dakota Wisconsin Iowa 241

TaxConnex

MARCH 1, 2022

South Dakota taxes accounting services and might be a model for how states could tax this service in the future. Accounting services – which in general are increasingly delivered online with diminishing concern for state borders – are subject to South Dakota sales tax, plus applicable municipal sales tax, with sourcing rules.

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South Dakota Sales West Virginia Tax 225

TaxConnex

JUNE 20, 2023

South Dakota – center of the Supreme Court’s landmark decision in 2018 – recently eliminated its economic nexus transaction threshold. As of July 1, South Dakota is removing the 200-transaction threshold; only those selling $100,000 or more into the state will be required to register and collect and remit sales tax.

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South Dakota North Dakota Wisconsin Iowa 220

PYMNTS

SEPTEMBER 5, 2019

Such a levy was not legal until last year’s South Dakota v. Inside South Dakota v. North Dakota case that businesses must have physical, in-state presences to be subject to state sales tax requirements. ruling and returned the Wayfair decision to the South Dakota Supreme Court.

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South Dakota North Dakota Oklahoma Sales 46

TaxConnex

JUNE 18, 2024

In the landmark 2018 case South Dakota v. vs. North Dakota and decreed that physical presence in the internet age is no longer all that’s required to create nexus. Six years ago this Friday, the U.S. Supreme Court decided, narrowly, to complicate life for online sellers. Wayfair, Inc.

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South Dakota North Dakota Alabama Sales 195

TaxConnex

JULY 19, 2022

South Dakota v. The provisions of Wayfair allowed South Dakota to compel businesses with at least $100,000 in gross revenue sourced to the state of South Dakota to collect the applicable sales tax. Supreme Court decided in? Wayfair, Inc. States’ individual thresholds varied from the start, and still do.

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South Dakota Sales Tax tax consultant 240

Katz,Sapper&Miller

APRIL 26, 2019

In South Dakota v. Supreme Court recently shifted one of the foundational principles that determine how a state can tax business transactions within its boundaries. This change will have a cascading effect in the deal space.

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South Dakota Tax Sales 46

TaxConnex

AUGUST 1, 2024

North Carolina joins South Dakota, California, Colorado, Iowa, Maine, North Dakota, Washington and Wisconsin in eliminating transaction-based nexus thresholds ; some states never adopted one.

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North Carolina Sales South Dakota North Dakota 254

TaxConnex

MAY 24, 2022

Economic nexus has emerged as a burning issue for many online retailers since the 2018 decision of South Dakota vs. Wayfair , in which the U.S. Supreme Court ruled that the state of South Dakota could require businesses with no physical presence in the state to collect sales tax.

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South Dakota Sales Retail Tax 220

TaxConnex

JUNE 7, 2022

Then came 2018’s South Dakota vs. Wayfair , in which the U.S. Supreme Court ruled that the state of South Dakota could require businesses with no physical presence in a state to collect and remit sales tax.

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South Dakota Sales Tax Start-ups 214

TaxConnex

DECEMBER 28, 2023

States expected to be hit hardest by falling sales tax revenue are Idaho, South Dakota, Louisiana, South Carolina and Florida. In 2021, Wisconsin and Maine both removed their transaction threshold; in 2023, South Dakota and Louisiana joined suit. Delivery fees “Sales taxes” are starting to take different forms.

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South Dakota Sales Tax Louisiana 252

TaxConnex

JUNE 22, 2021

June 21 marked three years since the landmark decision in the South Dakota v. Wayfair continued, thinking this was against the 1992 Quill decision, and on June 21, 2018, the US Supreme Court ruled in favor of South Dakota with a 5 to 4 vote. As we pass the three-year anniversary of the South Dakota v.

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South Dakota E-commerce South Carolina Missouri 131

TaxConnex

APRIL 12, 2022

South Dakota has rejected a proposal to cut the state sales tax by a half a percent. South Dakota ?is is proposing an exemption from gross receipts tax for sales of “enterprise information technology equipment” and software exceeding $2 million used in South Dakota data centers.

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South Dakota Sales Tax North Carolina 237

TaxConnex

MARCH 10, 2022

The decision stemmed from a South Dakota law of 2016 requiring any out-of-state business to collect sales tax in South Dakota if they had generated more than $100,000 in gross sales or had more than 200 sales into the state within a year.

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South Dakota Sales Tax Maryland 219

TaxConnex

AUGUST 15, 2024

Foodies With sales taxes or fees coming and going on groceries in places like Kansas and South Dakota, incurred solely because of sugar or flour in Illinois and Indiana or levied on blueberries in Maine depending on where they’re picked, it’s little surprise that food can come with weird sales taxes state to state.

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Sales South Dakota Tax South Carolina 245

TaxConnex

JUNE 22, 2023

From SCOTUS to ‘patchwork’ In June 2018, the Supreme Court’s narrow decision in South Dakota v. South Dakota, for example, is removing the 200-transaction threshold; only those selling $100,000 or more into the state will be required to register and collect and remit sales tax. Wayfair, Inc. Easing off?

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South Dakota North Dakota Colorado Minnesota 130

PYMNTS

MAY 2, 2016

It’s a big litigious party out in South Dakota these days, as the state is suing four eCommerce merchants for their lost sales tax – and different merchants (in a separate suit) are suing right back. The group’s suit claims the South Dakota law violates the U.S.

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South Dakota North Dakota Sales Tax 40

TaxConnex

SEPTEMBER 1, 2022

This June marked 4 years since the landmark Supreme Court decision that launched economic nexus, South Dakota v. The provisions of South Dakota vs. Wayfair allowed the state to force out-of-state sellers to collect sales tax provided they had at least $100,000 in gross revenue or has at least 200-transactions sourced into the state.

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South Dakota Mississippi Iowa Sales 232

TaxConnex

JANUARY 3, 2023

Next summer will mark five years since the Supreme Court ignited economic sales tax nexus with the South Dakota v. The South Dakota vs. Wayfair decision allowed the state to force out-of-state sellers to collect sales tax provided they had at least $100,000 in gross revenue or at least 200 transactions sourced into the state.

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South Dakota Sales Alaska Tax 228

TaxConnex

MAY 26, 2022

Then came 2018’s South Dakota vs. Wayfair , in which the U.S. Supreme Court ruled that the state of South Dakota could require businesses with no physical presence in a state to collect and remit sales tax. For some 50 years we operated under a physical presence test for sales tax obligations.

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South Dakota South Carolina Sales Illinois 197

BurklandAssociates

JULY 13, 2021

Supreme Court ruling in South Dakota v. By now you have probably heard of the 2018 U.S. Wayfair (“Wayfair”), which granted all 50 states the ability to reach out to Read More. The post Sales Tax on SaaS: A Checklist & State-By-State Guide for Startups appeared first on Burkland.

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South Dakota Sales Tax 147

CPA Practice

NOVEMBER 12, 2024

Wyoming What Social Security changes are expected in 2025? A number of significant changes to Social Security benefits for retirees in 2025 have been announced by the Social Security Administration (SSA).

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South Dakota North Dakota South Carolina North Carolina 98

Accounting Today

FEBRUARY 26, 2024

The IRS is particularly interested in applications covering Hawaii, Kansas, Nevada, North Dakota, South Dakota, West Virginia and Puerto Rico.

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West Virginia South Dakota North Dakota Hawaii 80

TaxConnex

SEPTEMBER 26, 2024

In other states, exemption certificates expire after set periods, such as one year in Alabama and three years in Connecticut, Illinois (where three years is the recommended update period for a resale certificate), Iowa and Louisiana.

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Rhode Island West Virginia South Dakota North Dakota 130

TaxConnex

AUGUST 8, 2024

In five major farming states, for instance, these annual thresholds are now $100,000 in sales in Iowa or South Dakota; and, in Illinois, Nebraska and Minnesota, $100,000 in sales or 200 transactions.

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Agriculture Sales Tax South Dakota 261

PYMNTS

MAY 3, 2016

And South Dakota, for one, has had enough. “Legal challenge” might actually be the best-phrased stone South Dakota has thrown at the beehive of transnational eCommerce. Now, however, it’s not just South Dakota that’s allied in the fight to take down Quill.

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South Dakota Sales North Dakota Tax 40

TaxConnex

SEPTEMBER 28, 2022

In June 2018, the Supreme Court determined in South Dakota v. The Court’s reasoning: the South Dakota law regulating home goods and furniture giant Wayfair did not burden retailers because only merchants doing a large annual business in the state were required to collect. Wayfair, Inc.

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South Dakota Alaska Sales Tax 234

CPA Practice

APRIL 22, 2024

The eight states are Florida, Nevada, New Hampshire, South Dakota, Tennessee, Texas, Washington, and Wyoming. You can see every state’s data here. _ ©2024 Advance Local Media LLC. Visit al.com. Distributed by Tribune Content Agency LLC.

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South Dakota Alabama New Hampshire Wyoming 116

CPA Practice

FEBRUARY 6, 2024

4 In South Dakota v. While many states to adopt sales tax nexus standards generally followed the South Dakota statute, others eliminated the transactional threshold and/or adjusted the amount of the dollar threshold, including South Dakota itself. Wayfair Inc.,

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South Dakota Tax Maryland income tax 124

TaxConnex

JANUARY 18, 2024

Louisiana and South Dakota, for instance, have repealed their 200-transaction thresholds (Louisiana’s repeal took effect last Aug. 1 and South Dakota’s took effect last July 1). In both states, the only threshold for economic nexus is now $100,000 in sales in the previous year.

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South Dakota Colorado Louisiana Alaska 237

TaxConnex

JANUARY 25, 2022

Founded in 2006, TaxConnex was able to expand its business offerings and solutions in 2018 with the introduction of economic nexus through the South Dakota v. We are also excited to share that last year we onboarded more new clients than ever before and will have remitted over $1.5B in sales tax for our clients from 2021 returns.

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South Dakota Tax Sales 223

TaxConnex

FEBRUARY 8, 2024

Similarly, South Dakota has reduced its state sales tax rate through June 30, 2027, to 4.2% As discussed in our recent “Hot Topics” webinar , Alabama cut its state sales tax rate on food from 4% to 3% effective Sept. 1, 2023, and perhaps will be reduced to 2% this coming Sept. 1 if certain other budgetary factors are met.

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Sales South Dakota Tax Kentucky 223

CPA Practice

JUNE 28, 2024

June 21, 2024, marked the sixth anniversary of South Dakota v. South Dakota v. The case stemmed from a 2016 South Dakota economic nexus law requiring certain out-of-state sellers to collect and remit South Dakota sales tax as if they had a physical presence in the state. By Gail Cole.

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South Carolina South Dakota Sales Tax 52

TaxConnex

MAY 25, 2021

For example, in South Dakota – where economic nexus really all started with the 2018 Supreme Court Wayfair decision – the revenue?threshold Remote sellers who sell above those quantities in South Dakota must collect sales tax and remit it to the state. reach certain set thresholds for state and jurisdiction revenue.

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South Dakota Sales Florida Tax 191

TaxConnex

JULY 6, 2021

South Dakota v. 44 other states and Washington D.C., Missouri will be the final state to implement an economic nexus law since the Supreme Court’s Wayfair decision in 2018. June 21 marked three years since the landmark decision in the? The years since June 2018 have been unlike anything in the history of sales tax.

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Missouri South Dakota E-commerce Florida 238

TaxConnex

OCTOBER 25, 2022

South Carolina has issued an information letter updating local sales and use tax and exemption information for counties, as well as a sales and use tax chart for the Catawba Indian tribal government. South Dakota Gov. South Dakota is one of three states that impose a full sales tax rate on food.

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South Dakota Sales Tax South Carolina 130

TaxConnex

AUGUST 22, 2023

South Dakota : Any person entering a contract for construction services or engaging in services that include the construction, building, installation or repair of a fixture to real property must have a South Dakota contractor’s tax license. Capital improvement beyond installation, repair or maintenance is not taxable.

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Construction Sales South Dakota Tax 130