Has Wayfair impacted your Drop Shipping...Yet?

By the middle of 2019, all of the 46 jurisdictions that have a sales tax will have implemented an economic nexus rule following last June’s Wayfair decision. Under economic nexus, companies with sales into the taxing state that meet that state’s threshold – either dollar volume of sales, number of transactions, or a combination of both – are deemed to have nexus in that state even without a physical presence. 

Drop shipping adds another level of complexity to that picture: what if a retailer has nexus in a particular state but the supplier does not? What about shipping into states, like California, that do not honor resale exemption certificates from the supplier’s home state? 

In this webinar, Thomson Reuters experts Jenny Galan and Julian Wozniak will explore the new complex landscape of drop shipping post-Wayfair. They will also explain how ONESOURCE Determination, the on-demand cloud solution built on the same patented global tax technology that Fortune 500 customers have relied on for over a decade, quickly identifies the transactions affected and automatically applies the appropriate sales tax, so you get the answers you need quickly, even for complex drop shipping transactions.