{"id":2492,"date":"2018-05-08T11:56:41","date_gmt":"2018-05-08T15:56:41","guid":{"rendered":"http:\/\/keysolutions.us\/blog\/?p=2492"},"modified":"2018-05-08T11:56:41","modified_gmt":"2018-05-08T15:56:41","slug":"if-your-business-conducts-internet-or-web-based-sales","status":"publish","type":"post","link":"https:\/\/keysolutions.us\/blog\/if-your-business-conducts-internet-or-web-based-sales\/","title":{"rendered":"IF YOUR BUSINESS CONDUCTS INTERNET OR WEB-BASED SALES"},"content":{"rendered":"

IF YOUR BUSINESS CONDUCTS INTERNET OR WEB-BASED SALES<\/strong><\/span><\/h3>\n

Market Place Sales by Sellers Not Maintaining a PA Location<\/strong><\/span><\/p>\n\n\n\n
\n\n\n\n
If you are a PA business owner and use an out-of-state vendor for Internet or web-based sales, you may notice that the vendor is charging you a PA use tax due to a recent PA tax law change.<\/p>\n

Marketplace Sales<\/u>: Sellers of products on the internet not maintaining a place of business in the Commonwealth of PA and not collecting PA sales tax on sales to PA businesses, making sales of at least $10,000 into PA in the previous calendar year, were required to file an election by\u00a0March 1, 2018\u00a0opting either to begin to collect sales and use tax by\u00a0April 1, or commit to sending use tax notices with each sale. Additionally, sellers sending notices must also send an annual summary of purchases both to the customer and to the PA Department of Revenue.<\/p>\n

Affected entities are: marketplace facilitators, persons who list or advertise property for sale in any forum and who either directly or indirectly collect the payment from the purchaser and transmit the payment to the person selling the property; remote sellers,\u00a0persons that do not maintain a place of business in PA and sell at retail into PA; and referrers, persons who provide a forum for interaction between buyers and sellers but do not directly participate in the sale. Marketplace facilitators and referrers are required to file an election on behalf of all the sellers participating in their system. If the election is made to collect sales tax, then the marketplace facilitator or referrer is required to collect and remit sales tax on all of its taxable marketplace sales from sellers that do not maintain a place of business in PA<\/p>\n

For those opting to collect sales tax, the new provisions required collection to begin by\u00a0April 1, 2018\u00a0for tangible personal property. The effective date was delayed until\u00a0April 1, 2019\u00a0for digital goods such as electronic copies of books, canned software, music and similar items.<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

If you would like to discuss your business or personal tax planning<\/a>, tax preparation<\/a> and other financial concerns with an experienced tax professional, we invite you to call 610-594-2601<\/a> today to make an appointment at our Exton PA CPA office<\/a> to discuss your situation. You can also schedule a consultation at Click Here<\/a>.<\/p>\n

Copyright \u00a9 2018 Keystone Financial Solutions, P.C.\u00a0 All rights reserved.\u00a0 BE SURE TO READ THE DISCLAIMER PAGE: Content in this blog is for educational purposes only and should not be considered as the rendering of tax, legal or investment advice. The publisher of this blog makes no representations as to the accuracy or completeness of any information herein, will not be liable for any errors or omissions, and shall not assume liability for any losses, injuries, or damages from the display or use of this information.<\/strong><\/h5>\n","protected":false},"excerpt":{"rendered":"

IF YOUR BUSINESS CONDUCTS INTERNET OR WEB-BASED SALES Market Place Sales by Sellers Not Maintaining a PA Location If you are a PA business owner and use an out-of-state vendor for Internet or web-based sales, you may notice that the vendor is charging you a PA use tax due to a recent PA tax law […]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"_genesis_hide_title":false,"_genesis_hide_breadcrumbs":false,"_genesis_hide_singular_image":false,"_genesis_hide_footer_widgets":false,"_genesis_custom_body_class":"","_genesis_custom_post_class":"","_genesis_layout":"","jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[4],"tags":[],"class_list":{"0":"post-2492","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-pennsylvania-tax-news","7":"entry"},"aioseo_notices":[],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9W9tf-Ec","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/keysolutions.us\/blog\/wp-json\/wp\/v2\/posts\/2492","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/keysolutions.us\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/keysolutions.us\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/keysolutions.us\/blog\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/keysolutions.us\/blog\/wp-json\/wp\/v2\/comments?post=2492"}],"version-history":[{"count":6,"href":"https:\/\/keysolutions.us\/blog\/wp-json\/wp\/v2\/posts\/2492\/revisions"}],"predecessor-version":[{"id":2549,"href":"https:\/\/keysolutions.us\/blog\/wp-json\/wp\/v2\/posts\/2492\/revisions\/2549"}],"wp:attachment":[{"href":"https:\/\/keysolutions.us\/blog\/wp-json\/wp\/v2\/media?parent=2492"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/keysolutions.us\/blog\/wp-json\/wp\/v2\/categories?post=2492"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/keysolutions.us\/blog\/wp-json\/wp\/v2\/tags?post=2492"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}