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Did You Know?

Jan 25 2013
Out of State Sales Tax

Posted in general

  • Effective October 1, 2012, out-of-state sellers are required to collect sales tax from customers in Georgia if a related company in Georgia sells similar products using a similar business name as the seller or if an entity in Georgia delivers, installs, assembles, performs maintenance on the the product, or other similar services on behalf of the seller in Georgia (GA Tax Reform Bill H.B. 386).
  • Effective December 31, 2012, out-of-state sellers will be required to collect sales tax from customers in Georgia if the seller made in excess of $50,000 in sales to Georgia customers in the preceding 12 months, whether through the Internet, in person, telemarketing, or otherwise, or if the seller pays a commission to Georgia residents for sales made(GA Tax Reform Bill H.B. 386). This means that purchases from some large Internet retailers will likely begin to carry sales tax beginning at the end of the year.

Last Updated by Trae Long on 2013-01-25 12:40:07 PM

Blog posts made available to you are informational only and are not intended to provide investment advice, or supplement the advice of a professional advisor. There is not and can not be a guarantee of their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. You are encouraged to seek personalized advice from qualified professionals regarding all personal finance issues.

Blog posts made available to you are informational only and are not intended to provide investment advice, or supplement the advice of a professional advisor. There is not and can not be a guarantee of their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. You are encouraged to seek personalized advice from qualified professionals regarding all personal finance issues.

Blog posts made available to you are informational only and are not intended to provide investment advice, or supplement the advice of a professional advisor. There is not and can not be a guarantee of their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. You are encouraged to seek personalized advice from qualified professionals regarding all personal finance issues.