Marketplace facilitators & sales tax in Indiana: Latest government guidance
There’s new guidance on marketplace facilitators and what transactions they’re required to collect taxes for in Indiana under SB 382.
The Dept. of Revenue recently released an updated Information Bulletin #89 on sales tax, effective July 1, 2022. This replaces the bulletin released in June 2019.
The main changes in the bulletin were designed to reflect the changes to tax law made by SB 382. Specifically, it clarifies that marketplace facilitators must collect sales tax on each transaction they handle, even if they don’t have a contract directly with the seller, if the facilitator:
- Collects the sales price or purchase price of the seller’s products from the customer
- Provides customers with access to any payment processing services (either directly or indirectly), or
- Charges, collects or otherwise receives fees from customers for any transactions made via the marketplace.
- Share on
Free Training & Resources
Further Reading
The IRS is extending an olive branch to businesses that received tax credits related to COVID-19 in error. The tax cops are launching a ...
Wealthy investors are about to lose a tax loophole that IRS allowed for years. The tax cops say its new policy and enforcement will net bil...
Who says Democrats and Republicans can’t agree? A few weeks back, Donald Trump advocated for eliminating taxes on tips of workers in ...
The metropolitan areas where employers and employees want to settle are in flux this decade. COVID-19 accelerated the flexible on-site ...
President Biden is calling for wealthy Americans and corporations to pay more in taxes. The president outlined a number of changes he belie...
The last few months of weather’s taken a toll on homes and businesses in many parts of the country. To lighten the load a bit, the IR...
