Not a Lexis+ subscriber? Try it out for free.

Tax Law

California DTFA Adopts Emergency Marketplace Sales Regulation

The California Department of Tax and Fee Administration adopted an emergency regulation to clarify and resolve specified issues with the California Marketplace Facilitator Act (CMFA), as amended. The regulation clarifies, among other things, the registration requirements for marketplace facilitators and marketplace sellers and provides definitions for terms left undefined by the CMFA and relevant examples. As an emergency regulation, it will remain in effect for two years following its June 29, 2020 effective date.