Proposed Massachusetts Budget Looks to Modernize Sales Tax

February 26, 2019 Erik Wallin

Last month, Massachusetts Governor Charlie Baker filed his Fiscal Year 2020 Budget Proposal which includes multiple provisions aimed at "Sales Tax Modernization." These proposals include 1) shortening the length of time between collection and remittance for the state’s largest vendors (those that have remitted at least $100,000 in sales tax in the prior year); and 2) requiring online marketplace facilitators collect and remit tax on behalf of their clients when selling to Massachusetts customers. By enacting these measures, Governor Baker hopes to streamline the revenue collection process and level the playing field for “Main Street” retailers across Massachusetts.

About the Author

Erik Wallin

Erik Wallin is a Senior Tax Counsel on the Tax Research Team at Sovos Compliance. Erik has been with Sovos Compliance since 2011, and his main areas of focus are on U.S. Transaction Tax Law which includes special expertise in the taxation of technology and the taxation mechanisms that apply throughout the Colorado home rule jurisdictions. Erik is a member of the Massachusetts Bar, has a B.A. from York College of Pennsylvania, a J.D. from New England School of Law, and an LL.M. in Taxation from Boston University.

More Content by Erik Wallin
Previous Article
Wyoming to Implement Marketplace Facilitator Obligations

Effective July 1, 2019, Wyoming will require marketplace facilitators to collect sales tax on behalf of the...

Next Article
EU Parliament Advances Proposal to Overhaul VAT System

This proposal is part of an effort to adopt a definitive EU VAT system, which would simplify many procedura...

×

Regulatory Analysis News - Delivered Weekly

Company
Thank you for subscribing!
Error - something went wrong!