2020 has already been full of surprises for everyone, including those in the sales tax world. The big headliner is COVID-19; no one saw the pandemic coming, nor how strongly it would impact global, national, state, and local economies. The 2020 sales tax changes midyear update covers the major headlines impacting the world of sales tax, including:
- Buyer and purchasing trends as a result of COVID-19
- Sales tax relief and legislation
- Economic nexus two years after South Dakota v. Wayfair, Inc. ruling
- New marketplace tax laws
- Changes to digital taxability rules
Read now to learn everything you need to know about the regulatory changes and tax issues that could impact your compliance process.