How Selling Through Multiple Channels Impacts Your Sales Tax Obligations
The global pandemic has shifted more business online. Ecommerce, marketplaces, and social channels have become lifelines for buyers and sellers worldwide. While adding and expanding sales channels can help you find and connect with more customers and create new revenue streams for your business, it can also change or add to your sales tax obligations and make it harder to be compliant. This multichannel sellers guide walks you through detailed steps and scenarios that explain how adding or expanding various sales channels can change where you have to collect and remit sales tax; how multichannel selling can add up to economic nexus in more states; and how aggregating sales data provides a more complete, accurate record of transactions so you can manage sales tax and pass audits more easily.