Tax Compliance Challenges Every Marketplace Platform Wants to Avoid

Forty-five states require marketplace facilitators to collect and remit sales tax on behalf of their third-party sellers. Getting sales tax wrong can be costly. Tax experts Scott Peterson and George Trantas explain the basics of managing sales tax for marketplace sales. You’ll learn: -Recent marketplace trends and their impact across multiple industries and tax types. -Why the expansion of marketplace facilitation laws has increased compliance obligations for marketplaces. -The complexity of serving a global customer base and who's on the hook for these taxes. -The impact of the American Rescue Plan 1099 requirements.