The DMA Way

Your Corporate Tax Blog

The tax world is an ever-changing environment, making it challenging to stay up-to-date. The tax experts at DMA post timely tax updates and information to help tax professionals in corporate taxation, specifically in property tax, sales tax, use tax, state income tax, commodity tax, Crown Royalties, unclaimed property and tax technology / tax solutions.

Welcome to The DMA Way — your exclusive inside look on the latest industry trends with tax updates from across North America.

Utah Ends Vendor's Discount for Remote Sellers with Economic Nexus Enactment

by DMA Staff | Dec 19, 2018

In conjunction with its enactment of Sales and Use Tax Collection by Remote (Out-of-State) Sellers, Utah will end the 18 percent seller discount it offered remote sellers who voluntarily collected and paid Utah sales tax. These changes are brought about by Utah's SB 2001 in response to the Wayfair decision.

SB 2001 requires a remote seller to collect and pay Utah sales tax if, in either the previous or the current calendar year, the remote seller:

  1. receives gross revenue of more than $100,000 from the sale of tangible personal property, any product transferred electronically, or services for storage, use, or consumption in Utah; or
  2. sells tangible personal property, products transferred electronically, or services for storage, use, or consumption in Utah in 200 or more separate transactions.

The repeal is effective for sales occurring on or after January 1, 2019.

This article is part of DMA's Completely Compliance quarterly newsletter. Stay up to date with sales and use tax news, events, and information by signing up for the newsletter here.