Knowing when you’re responsible for taxes in each jurisdiction is tough.
Tax authorities are focusing on ecommerce and state to state sales to increase their revenue they are currently missing out on. This makes it confusing for the retailer and even more so for a marketplace such as Light Show Mall. As of August 2020, only seven states had yet to enact marketplace facilitator laws.
Sales tax is hard. There’s always the possibility of changing legislative regulations, new tax rules, or shifts in product taxability. And there’s a big financial risk for your business if you’re getting it wrong.
Sales and use tax rates are complex and vary across jurisdictions, counties, states, and countries. We are committed to providing you the easiest solution to remain compliant. As a “marketplace facilitator”, Light Show Mall LLC is required to collect and remit sales tax for all states meeting those applicable laws. At time of launch, we will collect and remit sales tax in the state of Michigan only. Sales tax to other states may be added if sales meet the threshold that states require.
Years as travel editor for a NYC newspaper shaped my understanding of several special things. I love to convey the wonder and "whoa's!" of places I go, and I am always eager to share relevant tips to people like me, mainly etiquette and emotions.
Sales Tax in 2021
Knowing when you’re responsible for taxes in each jurisdiction is tough.
Tax authorities are focusing on ecommerce and state to state sales to increase their revenue they are currently missing out on. This makes it confusing for the retailer and even more so for a marketplace such as Light Show Mall. As of August 2020, only seven states had yet to enact marketplace facilitator laws.
Sales tax is hard. There’s always the possibility of changing legislative regulations, new tax rules, or shifts in product taxability. And there’s a big financial risk for your business if you’re getting it wrong.
Sales and use tax rates are complex and vary across jurisdictions, counties, states, and countries. We are committed to providing you the easiest solution to remain compliant. As a “marketplace facilitator”, Light Show Mall LLC is required to collect and remit sales tax for all states meeting those applicable laws. At time of launch, we will collect and remit sales tax in the state of Michigan only. Sales tax to other states may be added if sales meet the threshold that states require.
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Local expert from NYC
Years as travel editor for a NYC newspaper shaped my understanding of several special things. I love to convey the wonder and "whoa's!" of places I go, and I am always eager to share relevant tips to people like me, mainly etiquette and emotions.Comments
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