Wayfinding After Wayfair
Dave Nagle spoke on a panel at the Massachusetts Society of CPA's State Tax Conference. He and his fellow panelist, Adam Giera from Thompson Tax & Associates, LLC, discussed the multistate tax compliance challenges facing sellers after the U.S. Supreme Court’s decision in South Dakota v. Wayfair.
The panel focused on the consequences of eliminating physical presence as a necessary condition for substantial nexus and the critical decisions for businesses under states’ differing and still evolving economic nexus regimes. In addition to the legal limits on state tax jurisdiction after Wayfair, the panel addressed collection and reporting obligations both pre- and post-Wayfair, compliance best practices, and potential income tax ripple effects for multistate businesses and trusts.