201909.11
0

Texas Marketplace Sellers to Generate $850 million in Tax Revenue

TEXAS – Governor, Greg Abbott, signed House Bill 1525 requiring Marketplace Facilitators to collect and remit tax on behalf of marketplace sellers starting October 1, 2019. The bill expands the state’s authority to collect sales tax and is expected to generate $850 million dollars in online sales tax. A Marketplace Facilitator is defined as a…

201903.04
0

Cracking the Sales Tax Code – Economic Nexus

The newly enacted economic nexus laws have businesses scrambling to figure out how the Wayfair vs. South Dakota supreme court decision applies to their transactions. Accordingly, Texas recently published, Texas Tax Responsibilities and Resources, to provide some guidance to remote-sellers. Below is an excerpt of the publication: “As part of our Wayfair implementation, amendments to Rule 3.286, concerning Seller’s…

201812.28
0

Happy New Year!

Best wishes for a happy holiday season and our sincere thanks for your loyalty and goodwill throughout the year About Davis Davis & Harmon LLC – Sales Tax Experts: Headquartered in Dallas, Texas, Davis Davis & Harmon LLC – Sales Tax Experts specializes in sales/use tax refund recovery and audit defense. Our team of consultants is comprised…