This webinar will begin with an overview of sales and use tax basics and economic nexus following the landmark Wayfair decision. It will provide an overview of states' laws and thresholds and important information for remote sellers to follow under these laws and regulations. Our presenter will also cover features and details related to the Streamlined Sales Tax Agreement and provide important details regarding state collection laws and compliance issues for marketplace facilitators and sellers including where to find guidance from state tax department websites for sellers and facilitators.

The presentation will also include an overview of the benefits of achieving state tax compliance through the MTC Multistate Voluntary Disclosure Program including how to anonymously submit an application, obtain a voluntary disclosure agreement, and provide necessary documentation.

Learning Objectives:

• Outline sales and use tax basics and economic nexus following the 2018 South Dakota v. Wayfair decision


• Identify states’ sales/use tax economic nexus laws and their thresholds and recognize important issues for remote sellers under these new laws


• Evaluate the Streamlined Sales Tax Agreement, its centralized registration and simplified electronic return features, and information available on its website for remote sellers


• Name marketplace facilitator tax collection laws enacted by states and key issues for compliance under these laws for facilitators and sellers


• Describe information available on state tax department websites concerning remote sellers, marketplace facilitators, and marketplace sellers and how to find such guidance


• Evaluate the benefits of achieving state tax compliance through the MTC Multistate Voluntary Disclosure Program and describe the process for anonymously submitting an application to MTC staff, obtaining a voluntary disclosure agreement signed by the state, and providing to the state the necessary documentation and tax payments required


• Recognize the major features of states’ sales/use tax economic nexus laws and marketplace facilitator tax collection laws


• Identify resources such as the Streamlined Sales Tax website and state tax department websites for obtaining more detailed information concerning these laws