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The nature of the Internet makes a state's economic nexus, a term defined in Complete Auto Transit to describe taxable activities of interest to the state, much broader than it was in 1992. The state argued that while there may have been a burden for out-of-state vendors to determine the appropriate state and apply the correct sales tax in 1992 ...
Many states apply an "economic presence" test to determine whether a business will be subject to state sales or franchise tax. This test, which seems to contradict Quill, implied that States have the right to tax or "nexus" solely on the basis that a company has sales or otherwise derives an economic benefit from activities within their borders ...
Quill Corp. v. North Dakota, 504 U.S. 298 (1992), was a United States Supreme Court ruling, since overturned, concerning use tax.The decision effectively prevented states from collecting any sales tax from retail purchases made over the Internet or other e-Commerce route unless the seller had a physical presence in the state.
Fremont City Schools and several other Sandusky County public entities can expect to see additional tax revenues from the NEXUS pipeline.
Oct. 18—The New Mexico Economic Development Department is figuring out its legislative agenda with just two months to go before the start of the 2025 Legislature. Secretary-designate Rob Black ...
In 1980, the Wisconsin Department of Revenue (WDR) decided that the in-state activities of the Wm. Wrigley Jr. Company in selling and supplying retailers with chewing gum exceeded limits defined by Congress in 1961 that exempted foreign corporations from franchise and income taxes in a state as long as their activities were limited to soliciting customers.
In Dolan v.City of Tigard, the court added that an exaction is legitimate only if the public benefit from the exaction is roughly proportional to the burden imposed on the public by allowing the proposed land use—that is, that the exaction is not excessive to compensate for the externality the proposed land use would impose.
State. Free look minimum requirement . Alabama. 15 days. Free look period is only granted if the insurer fails to provide an annuity buyer’s guide and disclosure document at or before the ...