How Will the Marketplace Fairness Act of 2013 Affect your Business?
Growing interstate commerce and budget deficits are motivating states to change existing laws to increase business’ sales tax obligations. Legislation across the country is making it more difficult for businesses to avoid sales tax collection.
The Marketplace Fairness Act of 2013 (MFA) is gaining momentum in Congress and if it passes, internet and remote sales tax will be the new reality for many businesses. The bill would allow states to require out-of-state businesses to collect sales tax, even when they don’t have a physical presence in-state. If this bill becomes law, states would gain authority to make remote businesses collect sales tax, some as early as 180 days after the bill passes
Our partner, Avalara, a leader in automated sales tax solutions, has created an informational website to consolidate information about the Marketplace Fairness Act: www.salestaxchanges.com. The site contains a synopsis of where the bill stands today, blog posts on the subject, with practical tips for removing the burden of sales tax compliance. The site also has FAQ’s for businesses so you can see how and if your company will be affected such as: Who is exempt? Will this law apply to all out of state businesses? What kinds of sales will not be affected?
Sales tax changes are looming, you’re wise to be ready. Avalara is offering a free webinar on June 13, 2013 to learn how sales tax changes could affect your business in 2013. The webinar will cover:
- The current state of MFA legislation.
- How it may impact your business.
- The potential schedule to comply. It could be sooner than you think.
- Ways to be ready prior to enactment.
The Sales Tax Landscape is Shifting… Are you Ready?
June 13th, 2013
Register to Attend Today: www.avalara.com/aka_mfa_webinar