|Tue June 4 2019 11:05:49|
New York State Explains New Sales Tax Collection Requirements
New York State sent a mailing explaining the sales tax collection requirement for marketplace providers.
Subject: Sales tax collection requirement for marketplace providers
TSB-M-19(2)S, Sales Tax Collection Requirement for Marketplace Providers
This TSB-M explains new sales tax collection requirements for certain businesses who sell items on behalf of third parties.
According to the document, "The Tax Law has been amended to require marketplace providers to collect sales tax on taxable sales of tangible personal property that they facilitate for marketplace sellers. These amendments apply to sales made on or after June 1, 2019."
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