Understanding Tax Exemptions and Taxables slide image

Understanding Tax Exemptions and Taxables

Economic nexus for sales and use tax Provisions Adopted as of 5 August 2020 Economic Nexus Report Only No Economic Nexusat present No Sales Tax Alaska does not have a state sales tax, but certain localities impose local sales taxes. Many localities have adopted economic nexus for remote sellers and marketplace facilitators. KPMG © 2021 Copyright owned by one or more of the KPMG International entities. KPMG International entities provide no services to clients. All rights reserved. Effective 8/1/19, Ohio's software nexusis replaced with pure economic nexus Effective 10/1/19, Massachusetts' software nexusis replaced with pure economic nexus Effective 7/1/2020 Alaska D.C. Hawaii Puerto Rico 15
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