How to handle US Sales Tax as a small and midsized business

If you’re making sales in the United States, listen up! There’s a new era of sales tax upon us. No matter where in the world you’re located, your business could be liable for sales tax in the US. In the United States, sales tax is a consumption tax that is theoretically only charged once, at the final purchase of the final product by the end consumer.
US sales tax is not a nationwide policy, such as VAT throughout the European Union or GST in Australia. Rather than administered on a federal level, US sales tax exists at the state and local levels. States and local jurisdictions have the power to set their own tax laws and tax rates. Read more…