Sales and use tax is always evolving. It evolves to keep up with new industries, to meet the changing needs of a state or one of the countless other factors. It’s a complex thing. And that means we’re always on the lookout for new sales tax trends across the states.
2018 is certainly no exception. There is already a long of list of new legislative changes that could potentially have a significant impact on your clients’ business operations. And if you’re responsible for sales and use tax at your company, you should be aware of the big changes that are taking place, so you can account for them and minimize the potential risk for your clients.
Here are 3 of the biggest, most important sales tax developments that could have an impact on your clients’ companies in 2018.
- Remote seller nexus legislation continues to flourish
- States enacting significant administrative changes
- Tax amnesty programs provide taxpayers with great opportunities