State Tax Nexus – Triggered By So Much Less Than an Obvious Physical Presence
Nexus! Now here’s a term that’s been used quite often these days, especially in the debate about whether internet retailers should be charging sales tax on sales to customers in states in which the e-tailers have no presence. If you’ve been following the many reports on the “internet sales tax” dilemma, you’ve likely seen the […]
The State Franchise Tax: Another Business Tax to Consider
Practical SALT Guidance: Last week I received an e-mail from a business associate. He’s a member of a high-technology finance executive group which includes CFOs, finance VPs, and corporate controllers, many whom work for high-tech start-ups. Along with his e-mail, he forwarded a fellow member’s question on state franchise taxes. The question stated that this executive’s company […]
Navigating Nexus, Published in the November 2010 Issue of the Journal of Accountancy
Nexus, nexus, nexus, aahhhh, NEXUS! The mere word can send a chill down the spine of a taxpayer who suspects its activities in a state may have created that sufficient “connection” or “tie” to subject him to a state’s income or other business tax, or to be subject to a state’s sales tax collection requirement. […]
Nexus! What Is It? Do You Have It? Is it Painful? (part 1 of 2 part series) | Business Tax Advisor
I invite you read my June 9, 2010 AllBusiness.com post, Nexus! What Is It? Do You Have It? Is it Painful? (part 1 of 2 part series) Business Tax Advisor. In this post, I discuss nexus for sales tax purposes. See my text box to the left for more about AllBusiness.com and my “Business Tax […]