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Old 05-31-2019, 11:42 AM   #1
bcr229
Remote sellers must register under new Virginia law

This will affect the big boys like LLL, Snakes at Sunset, Underground, NERD, etc. that move a lot of critters each year.

https://www.apnews.com/d4ef27c73d704228b976f3892aacd427

Remote sellers must register under new Virginia law
May 29, 2019

RICHMOND, Va. (AP) Starting July 1, remote sellers and marketplace facilitators who meet certain requirements must register with Virginia tax officials for the collection of sales and use tax.

Under a new state law, the requirements apply to remote sellers receiving more than $100,000 in annual gross revenue from sales in Virginia or those who have at least 200 annual sales transactions in the state. The requirements also apply to marketplace facilitators that facilitate or conduct sales in Virginia totaling more than $100,000 in annual gross revenue or 200 or more sales transactions.

Sellers can register by logging on to the Register a Business in Virginia section of the Virginia Tax website or downloading the Business Registration Form (R-1) to mail in or fax.
 

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