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- This is quite helpful. Thank you. Appreciate your efforts NCBA. In summary, collect sales taxes as of July 1, 2023?This is quite helpful. Thank you. Appreciate your efforts NCBA. In summary, collect sales taxes as of July 1, 2023?
- That's correct! As per the amendment, the January 1, 2023, increase in the operative threshold will be effective from July 1, 2023. Starting on or after January 1, 2024, any subsequent increases in the operative threshold will take effect on the first day of the second calendar quarter following the effective date of amendments that incorporate the threshold increase into the department's regulations. You can find more details in SB 889, §1.6355(3)(A)(B) here: https://bit.ly/3Dmln7IThat's correct! As per the amendment, the January 1, 2023, increase in the operative threshold will be effective from July 1, 2023. Starting on or after January 1, 2024, any subsequent increases in the operative threshold will take effect on the first day of the second calendar quarter following the effective date of amendments that incorporate the threshold increase into the department's regulations. You can find more details in SB 889, §1.6355(3)(A)(B) here: https://bit.ly/3Dmln7I
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- SethChandler[SethChandler]
- Excellent!!Excellent!!
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