The Pitfalls Of State And Local Taxation For Startup Companies
YoungUpstarts
MAY 24, 2018
These tax liabilities, which many companies believe don’t exist, can turn into a heavy burden in the event that a company seeks investors, financing, IPO or sale. Alabama, South Dakota, Tennessee, Massachusetts, Vermont and Wyoming have all adopted economic nexus rules effective during 2017 or prior with regard to sales and use tax.
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