Daily Tax Report: State

New York Tax and Finance Department Issues Memorandum on Tax Registration for Businesses Without Nexus

Nov. 7, 2019, 10:24 PM

The New York Department of Taxation and Finance Nov. 5 issued a technical memorandum on sales tax registration requirements for businesses with no physical presence in the state. A business with no physical presence in the state is required to register as a sales tax vendor if in the preceding four sales tax quarters it made more than $500,000 in sales, and conducted more than 100 sales of tangible personal property delivered in the state. The sales tax quarters are: 1) March 1 through May 31; 2) June 1 through Aug. 31; 3) Sept. 1 through Nov. 30; and 4)...

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