Factor Presence Nexus Standard
Overview Under factor-based nexus, or factor presence nexus, an out-of-state company has nexus if it has property, payroll, or sales that exceed certain thresholds during the tax period. The Multistate Tax Commission (MTC) adopted a Factor Presence Nexus Standard model statute. This model includes threshold amounts to determine whether substantial nexus exists, thus subjecting a […]
Georgia Economic Sales Tax Nexus
The title of this article suggests one thing — that the traditional “nexus” of physical presence and/or substantial and continuous contact no longer solely defines a tax obligation in Georgia. What is Economic Nexus in Georgia? Having an economic nexus with Georgia requires an out-of-state seller to make gross sales worth $250,000.00 to residents of […]