Economic Nexus Reporting Requirements by State

This technical report outlines the economic nexus reporting requirements for sales tax across various states in the United States as of September 1, 2023. It provides a detailed chart that specifies each state's economic nexus position concerning sales, income, franchise, and gross receipts taxes. The report clarifies that the information is not exhaustive and does not cover all potential nexus-creating activities or specific taxpayer situations. It emphasizes the importance of consulting with tax professionals to ensure the accurate application of the information provided. The report details the effective dates, sales thresholds, and specific requirements for remote sellers and marketplace facilitators in each state. It also notes that the sales threshold definitions may vary by state and that the information is subject to frequent changes, necessitating regular verification for compliance. Additionally, it highlights the necessity for marketplace providers to collect sales tax under certain conditions, reflecting the evolving landscape of economic nexus laws.