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Over 40 state legislatures have convened their 2020 legislative sessions. Last year, states moved quickly to impose collection and remittance obligations on remote sellers and marketplace facilitators in light of Wayfair. This year, states are charting a new course – proposing legislation to expand sales taxes to include advertising services or proposing entirely new taxes on advertising and data. Currently, tax proposals are percolating in:
As states often adopt proposals considered by sister states, we expect additional tax proposals. Buckle up.