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Thank you! A bit more clear, but still seems really messy. So if there are limits I assume you collect 150 transactions a year from California, you have to ke
by sireat 5y ago
Thank you!
A bit more clear, but still seems really messy.
So if there are limits I assume you collect 150 transactions a year from California, you have to keep the tax collected until you reach 200 and send the tax for all 200?
Presumably you can't spend the money on beer and yet you also can't refund the customers either.
- jccooper 5y agoI'd say it's more than messy, it's a disaster. There are reasonable solutions to internet+sales tax, but the current situation is not one of them. If you collect the tax, you need to remit it. The transaction/amount limits are the limit where you should register, collect, and remit. And usually this is a one-way affair; once you're registered, you'll need to keep filing even if you fall below the threshold.