The New York Department of Taxation and Finance has issued guidance on recent legislation that amends sales and use tax law. In short, the legislation: changes how sales tax applies to sales between related entities; and narrows the exclusion from use tax for nonresident businesses. These amendments apply to sales made and uses occurring as of […]
The post New York Exclusions Amended for Related Entities and Nonresident Businesses Explained appeared first on Tax & Accounting Blog.