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Kansas Implementing New Economic Nexus Rules for Out-of-State Retailers and Marketplace Facilitators

11 May 2021

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Approved Changes

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United States

On 3 May 2021, the House and Senate of the U.S. State of Kansas voted to override a governor veto of Bill SB 50, which provides various tax measures including new economic nexus rules for out-of-state retailers and marketplace facilitators. The summary of Bill SB 50 provides the following on the new rules, which will apply from 1 July 2021. --- Marketplace Facilitators Tax Collection and Remittance The bill requires the collection and remittance of sales and compensating use tax by most marketplace facilitators beginning July 1, 2021. Such entities with annual gross receipts from sales sourced into Kansas in...