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For our final Marketplace Monday of 2019, we look back at what happened this year, what people are talking about and what to expect in 2020. Prior to 2019, only seven states had marketplace collection laws or guidance requiring marketplace collection in effect.[1] However, in 2019 a record number of states passed state tax marketplace collection laws. We expect marketplace collection to be a hot topic in 2020 as the states continue to pass and tinker with these laws.
What Happened
What Marketplaces are Talking About
What to Expect in 2020
[1] Connecticut, Minnesota, New Jersey, Oklahoma, Pennsylvania, South Carolina and Washington.