April 10, 2009
Tennessee is inching forward on their version of the Internet Tax. It is important to remember that the fiscal report seems to indicate that affiliates will not be considered basis for nexus. I posted this earlier but it bears repeating. From SB1741 Fiscal Report: • According to the Department of Revenue (DOR), out-of-state dealers with commissioned [...]
Read the full article →
March 22, 2009
Although Tennessee also has affiliate tax legislation pending the news there is encouraging. The bills, SB 1741 and HB 1947 are quite similar to NY Affiliate Tax law but the interpretation seems quite different. The Tennessee version allows for rebuttal but threshold is lower, just $2,000 in sales. The most important comment is in the [...]
Read the full article →