The Tax Administration Service of Mexico (SAT) has announced that it will allow, until May 15, 2018, the correction of CFDI of Payroll (CFDI de Nomina) issued during 2017. For that purpose, SAT issued a new Rule 220.127.116.11 in the First Modification of the Miscellaneous Fiscal Resolution for 2018. As a result of this provision, taxpayers who issued CFDI de Nomina with errors or omissions during 2017 will be able to correct them without any penalty, if the new CFDI correcting the old one is issued no later than May 15, 2018. In other words, the new CFDI is deemed to be issued in 2017 for all legal purposes. The above mentioned Miscellaneous Resolution can be found, here.
Malaysia Revises GST Standard Rate
As a part of the tax restructuring plan of the Malaysian Prime Minister, P.U. (A) 118 has been published to...
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South Dakota Lifts Injunction on Economic Nexus Law
The injunction that had been keeping South Dakota from enforcing its 2016 economic nexus law has been lifted.
Colorado to Begin Taxing Out-of-State Retailers
Temporary emergency regulations require out-of-state retailers that are doing business in Colorado and have substantial nexus with the state to collect sales or use tax beginning December 1, 2018.
Legal Challenge to Indiana's Remote Sellers Law Resolved
The Indiana Department of Revenue will begin enforcing Indiana's economic nexus law on October 1, 2018.
Poland Considers Dropping Periodic VAT Return
There have been rumblings out of the Polish Ministry of Finance that sometime in 2019 the Government may do away with the time-tested requirement of submitting a monthly VAT return.
Washington Announces New Remote Seller Rules for Sales Tax
Washington’s Department of Revenue announced new rules for remote sellers and marketplace facilitators beginning October 1, 2018.
Anti-Wayfair Legislation Fails to Pass New Hampshire Legislature
New Hampshire legislature ended their special session on July 25th without passing legislation intended to protect New Hampshire businesses from being forced to collect sales tax on out-of-state sales
Kentucky Updates Guidance for Remote Sellers
The Kentucky Department of Revenue recently updated its guidance regarding the impending tax collection and remittance obligation by remote sellers.
Massachusetts Moves Closer to August Sales Tax Holiday
Based on recent activity in the Massachusetts legislature, it appears increasingly likely that a Sales Tax Holiday will take place in mid-August.
Wyoming to Require Remote Seller Sales Tax Collection at a Date TBD
Following the U.S. Supreme Court’s decision in South Dakota v. Wayfair, the Wyoming Department of Revenue has announced that it will require remote sellers to collect and remit sales tax. Date TBD.
Minnesota to Require Remote Seller and Marketplace Collection Effective 10/1
Beginning October 1, 2018, remote sellers conducting direct sales with Minnesota purchasers are required to register, collect and remit tax for transactions based on the following thresholds.
House Judiciary Committee Hears Testimony on Remote Commerce
On July 24, 2018, the U.S. House Judiciary Committee held a hearing to examine the recent Supreme Court decision in South Dakota v. Wayfair and its impact on consumers and small businesses.
Utah Reacts to South Dakota v. Wayfair
According to proposed Utah legislation for South Dakota v Wayfair, online merchants selling $100,000 or more than 200 transactions into Utah per year must collect and remit sales tax January 1, 2019.
South Dakota v. Wayfair Update - Utah Legislature Passes Remote Seller Bill
South Dakota v. Wayfair ruling update: Utah legislature passes remote seller Bill modeled after the South Dakota threshold structure, and goes into effect January 1, 2019.
UK Publishes Additional Guidance for Making Tax Digital Initiative
On Friday, July 13, 2018, HMRC released additional information regarding the Making Tax Digital initiative, which is currently set to go into effect in the United Kingdom on April 1, 2019.
Hawaii Backtracks on Retroactive Collection for Remote Sellers
Hawaii recently revised Announcement No. 2018-10 (issued 6/27/18). With this revision, they removed any directives requiring retroactive tax remittance regarding South Dakota v. Wayfair.
New Mexico Updates Information for New Businesses Publication
Updated information for business owners on how to register their businesses for taxation purposes within New Mexico, certain requirements relating to tax information reporting and more.
North Dakota Sets Date for Remote Sellers to Begin Collecting Sales Tax
North Dakota requiring remote sellers to collect and remit North Dakota sales tax beginning October 1, 2018. See details for thresholds.
Massachusetts Green Lights Annual Sales Tax Holiday Starting in 2019
Massachusetts bill calls for a Sales Tax Holiday every August starting in 2019, with the legislature being required to set the precise dates no later than June 15.
Alabama to Start Collecting From Remote Sellers in October
On July 3, 2018, the Alabama Department of Revenue issued guidance for online sellers indicating collection and remittance responsibility on remote sellers with Alabama prospectively October 1.
Wisconsin to Begin Taxing Remote Sellers