New and Updated Information on States' Legislative Efforts to Enforce Tax Collection by Remote Sellers

DALLAS, Feb. 24, 2017 /PRNewswire/ --

Arkansas
Earlier this month, the Arkansas Senate passed S.B. 140. If it becomes law, S.B. 140 would require out-of-state retailers, who deliver more than $100,000 in products or services into the state or make at least 200 Arkansas transactions per calendar year, to collect tax. This would be a game changer for many online retailers. Coincidentally, less than a week after S.B. 140 passed the Senate, Amazon announced it would begin collecting Arkansas tax beginning March 1. The next step for this legislation is with the House, and we will continue to monitor.

South Carolina
Last month, we issued a tax development on South Carolina Senate Bill 214, which was introduced in the Senate on January 10, 2017. If enacted, it would create a rebuttable click-through nexus provision. Further details on the provisions of the bill can be found here. On February 14, S.B. 214, was passed by the South Carolina Senate. We will continue to monitor it as it moves to the House.

Pennsylvania
On February 17, Pennsylvania House Bill 542 was introduced. If enacted, it would require out-of-state sellers to notify purchasers of their use tax obligation and responsibility to report the tax on their Pennsylvania income tax forms. We will continue to closely monitor this legislation.

E-commerce is a massive industry, and it is growing by leaps and bounds. With budget shortfalls facing many states, we expect we'll continue to see states take these types of steps in an effort to capture their piece of the e-commerce pie. We'll continue to closely monitor any activity and will provide updates as things develop. We predict this form of legislation will remain very active in 2017.

About Ryan
Ryan is an award-winning global tax services firm, with the largest indirect and property tax practices in North America and the seventh largest corporate tax practice in the United States. With global headquarters in Dallas, Texas, the Firm provides a comprehensive range of state, local, federal, and international tax advisory and consulting services on a multi-jurisdictional basis, including audit defense, tax recovery, credits and incentives, tax process improvement and automation, tax appeals, tax compliance, and strategic planning. Ryan is a five-time recipient of the International Service Excellence Award from the Customer Service Institute of America (CSIA) for its commitment to world-class client service. Empowered by the dynamic myRyan work environment, which is widely recognized as the most innovative in the tax services industry, Ryan's multi-disciplinary team of more than 2,100 professionals and associates serves over 12,000 clients in more than 40 countries, including many of the world's most prominent Global 5000 companies. More information about Ryan can be found at ryan.com.

TECHNICAL INFORMATION CONTACT:

Jeremiah T. Lynch
Principal
Ryan
212.847.0113
[email protected]

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