Calculating sales tax for Amazon sales involves several key steps to ensure compliance. Here’s a detailed approach: Determine Nexus: First, assess your nexus (physical presence) in states where you conduct Amazon sales. This determines your obligation to collect sales tax. Product Taxability: Unders...

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Hey there, dac7 reporting is indeed crucial for platform operators, whether they operate within or outside the EU. Essentially, DAC 7 aims to ensure tax compliance in the digital economy, particularly focusing on platform operators facilitating transactions. For EU-based platform operators, the repo...

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