New York State Update on Wayfair

As discussed in our post on March 14, 2019, a business that has no physical presence in New York State but has reached certain levels of sales is required to register as a sales tax vendor, and collect and timely remit the applicable state and local sales tax.

On November 5, 2019, the New York State Department of Taxation and Finance issued TSB-M-19(4)S, Sales Tax Registration Requirement for Businesses with No Physical Presence in New York State, which discusses the tax law change made retroactive to June 21, 2018. 

Due to the change, a business that has no physical presence in New York State but has both made more than $500,000 (up from $300,000) in sales of tangible personal property delivered in the state and conducted more than 100 sales of tangible personal property delivered in the state in the immediately preceding four sales tax quarters is required to register as a sales tax vendor, and collect and timely remit the applicable state and local sales tax.