Introduction to Sales Taxes in the United States
In today’s newsletter, we will focus on sales tax for Japanese companies that are planning to do business in the U.S., as well as for those that have already started operations, but may not be familiar with the U.S. sales tax. Although the mechanics of
U.S. sales tax are relatively straightforward, it is complicated by the fact that sales tax is administered at the state level rather than federally. Therefore, businesses must comply with 45 different state sales tax laws, including nexus regulations. (Five states do not impose a sales tax).