Monday, October 1, 2018

Large Out of State Online Sellers Must Now Collect Nevada Sales Tax

Effective today, merchants in other states with no physical presence in Nevada that sell $100,000 or more in sales to Nevada or have more than 200 sales transactions in a year are required to collect Nevada sales tax on such sales. These online sellers will need to register for a Nevada sales tax account and file Nevada sales tax returns. The thresholds ensure that eBay and Amazon marketplace sellers and other small online merchants will not be affected. The law comes in the wake of the U.S. Supreme Court's Wayfair decision, that paved the way for states to require sales tax collection by out of state retailers.

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