If you want nothing to do with collecting and paying State Sales Tax you’ll love to sell with us. That’s because we do it for you!
As you know collecting and paying State Sales Tax comes with many challenges. You can purchase an online tax solution for your site or if your selling on a marketplace, you can purchase one for yet another monthly fee. But even then your still not out of the woods yet. Here’s why:
When you sell in our marketplace, we are the seller of record. We calculate, display, and charge customer sales tax for sellers’ product orders. Then we collect and remit collected taxes to taxing authorities. This means you will not have economic Nexus in any state.
This approach is intended to simplify tax calculation for sellers. Â It’s our way to thank you for selling in our marketplace and give you more time and energy to do what you do best – provide the best products and customer service possible.
As you probably already know, for those who sell online there’s been a big change in whose responsible for paying online sales tax. Â And the new tax laws certainly are a real pain for anyone that list products on their own site or other marketplace platforms.
In the past you were not required to collect and pay sales tax in any state that you had no “Nexus.” Â That meant you could sell online in other states and were not responsible to collect and remit sales tax as long as you had no “physical” presence in that state.
Well those good old days are gone. Â Recently the Supreme Court has given states the authority to require online sellers to collect and remit sales tax if they have an “economic” Nexus in their state. Â That means the “online transaction” itself and/or reaching certain selling thresholds triggers the new Nexus tax law and requires you as the seller of record to pay sales tax in the state the sale occurred.
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Lorem Ipsum is simply dummy text of the printing and typesetting industry.
e the 1500s, when an unknown printer took a galley of type and scrambled it to make a type specimen book.
Lorem Ipsum is that it has a more-or-less normal distribution of letters, as opposed to using 'Content here, content here', making it look like readable English. Many deskt
