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Home / Columns and Features / Joining trend, New York proposes marketplace tax system (access required)

Joining trend, New York proposes marketplace tax system (access required)

Gov. Andrew Cuomo’s 2019 Budget Bill contains a new sales tax collection system for sales through online marketplaces such as Amazon. The proposal would shift tax collection responsibilities from the seller to the marketplace itself, upending basic principles about how sales tax collection is administered—and effectively ending tax-free shopping on many Internet sites. This proposal is part ...

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IRS revises offshore voluntary compliance protocol (access required)

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