As your business grows, so does your sales tax burden. More jurisdictions are taxing digital products and services.
In many states, hitting an economic nexus, not just physical presence, is enough to trigger sales tax obligations.
$250,000
20th of the month following the reporting period
$100,000, or 200 transactions
Filings are due by midnight of the last day of the month following the filing period
$100,000
TPT returns are typically due on the 20th day of the month following the reporting period
$100,000, or 200 transactions
20th of the month following the reporting period
$500,000
Last day of the month following the reporting period
$100,000
20th day of the month following the reporting period
$100,000 or 200 transactions
Form OS-114 is due on or before the last day of the month following the end of each filing period.
No economic nexus threshold
On or before the 20th day of the month following the reporting period.
$100,000
20th of the month following the reporting period
$100,000 or 200 transactions
20th of the month following the reporting period
$100,000 or 200 transactions
Periodic GET returns (Form G-45) are due on the 20th day of the month following the filing period
$100,000 or 200 transactions
20th day of the month following the reporting period
This webinar explains how US businesses can identify and recover foreign VAT, breaking down key concepts like reciprocity and showing where refund opportunities are often missed.
