Marketplace facilitators like Amazon and eBay must collect and remit sales tax on behalf of sellers using their platforms if they exceed the nexus thresholds. This requirement simplifies tax compliance for individual sellers but places responsibility on facilitators to manage reporting and payments.
Facilitators failing to comply risk audits and penalties, making robust systems for tax collection essential.
Business Address:
2261 Market St, Suite 5931 San Francisco, CA 94114
@2024 KintsugiAI, Inc. All rights reserved.Business Address:
2261 Market St, Suite 5931 San Francisco, CA 94114
@2024 KintsugiAI, Inc. All rights reserved.