New York Adopts New Economic Nexus Rule

Jan 23rd, 2019

Effective January 2019, a retailer located outside of New York is required to collect use tax if, during the preceding or current year, (1) the retailer's sales into New York exceed $300,000, and (2) a retailer made sales into New York in 100 or more separate transactions.

This requirement applies to retailers that sell tangible goods for delivery into the state through the internet, mail-order catalogs, telephone, or any other means.