1、The ecommerce explosion of recent years has led many companies to sell online in new ways and in new markets,increasing the risk of failing to comply with ever-changing tax regulations.Heres how to avoid 10 common mistakes.B2BCOMMERCE 360Ecommerce and tax compliance:10 common mistakes and how to avo
2、id in the U.s.and abroad have made many chanGes to compliance rUles in recent years to adapt to the rapid Growth in online sales.In some cases,theyve made collecting and remitting taxes more straightforward for online sellers,and in other cases more complex.While these developments may seem to prima
3、rily concern tax managers,they can have company-wide implications within ecommerce organizations.That includes retailers and consumers brands based in the U.S.,whether they sell domestically or internationally,and for sellers based abroad that sell to U.S.online shoppers.Regardless of a companys hea
4、dquarters,if your business plans to add new products,change suppliers,or enter new global markets,those initiatives can impact compliance obligations.That means its crucial for companies selling online to have a broad understanding of tax developments.They aim to maximize their tax revenue while min
5、imizing the cost of collection.DISCLAIMER:Tax rates,rules,and regulations change frequently.Although we hope youll find this information helpful,this report is for informational purposes only and does not provide legal or tax advice.3Ecommerce and tax compliance:10 common mistakes and how to avoid d
6、evelopments are primarily responsible for this dramatically changed tax landscape in the United States.First,was the U.S.Supreme Courts 2018 Wayfair decision,which held that even companies with no physical presence in a statesuch as a store,warehouse,office,or remote employeescan be required to coll