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But someone still has to define what it means to have "part of your business" in a state. You own fixed property that's located there? One of your employees wor
by tbrownaw 16y ago
But someone still has to define what it means to have "part of your business" in a state. You own fixed property that's located there? One of your employees works from home and lives there? One of your employees worked 2 hours while waiting at an airport in that state? Someone rents something from you and takes it into that state? Your cloud provider keeps a backup facility in that state?
It seems like the definition of what it means for a business to have nexus in a state (so, what business counts as "interstate") is a perfect thing for the feds to handle.
- anigbrowl 16y agoIt's referred to as having 'minimum contact' with a state; it's not just for tax purposes, but would also matters for things like lawsuit jurisdiction and so forth. Here's a recent summary with good references that explains the basics: http://www.picpa.org/Content/41763.aspx http://www.picpa.org/Content/41763.aspx