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Information provided on this site is for general guidance only and
is often simplified. Actual IRS procedures are complex, and taxpayers
should obtain professional assistance or use IRS sources for complete
information.
The
Streamlined Sales Tax Program The
response of the states to losses of sales tax revenue
on Internet commerce was to band together in the
Streamlined Sales Tax Project (SSTP).
The
SSUTA Amnesty In
October, 2005, the member states of SSUTA offered
a sales tax amnesty program to unregistered businesses
that voluntarily registered to collect sales tax
in all member states.
SSTP
Certification US tax software provider Taxware announced in April, 2006, that it had earned certification from the states that are members of the Streamlined Sales Tax Governing Board.
SSTP
Certification
US
tax software provider Taxware announced in April,
2006, that it had earned certification from the
states that are members of the Streamlined Sales
Tax Governing Board.
Businesses
that use Taxware’s certified solution to comply
with sales tax collection obligations enjoy certain
audit and liability protections from the states
that have certified the company.
Specifically, Taxware earned Certified Service
Provider (CSP) status, allowing businesses to
fully outsource all sales tax compliance functions
to Taxware, who will calculate, collect, report
and remit liabilities on their behalf using remotely
accessed certified software.
Under
the terms of the contract between Taxware and
the Streamlined Sales Tax Governing Board, Inc.
in this outsourced CSP deployment, a volunteer
seller that does not have a requirement to collect
tax will receive this service free of charge,
as the states will compensate the CSP for this
service. This certified offering interfaces with
financial, accounting, and ERP systems such as
SAP, Oracle, and Oracle’s PeopleSoft, offering
a new level of audit and liability protection
to users of those systems.
“Taxware has been on the cutting edge of the Streamlined
Sales Tax Initiative since its inception,” said
Jon Abolins, senior vice president of operations
at Taxware. “We are delighted to be among the
first solution providers to offer certified solutions,
and we look forward to offering to our clients
the reduced audit and liability exposure that
comes with certification.”
“Certified
solutions are a critical tool for complying with
the Streamlined Sales and Use Tax Agreement, and
with helping businesses reduce the burden of tax
compliance on remote and point of sale transactions,”
said Charles Collins, vice president of government
affairs at Taxware. “Transactions processed through
certified solutions are subject to a reduced scope
of audit, and the solutions support compliance
with Sarbanes-Oxley by providing more control
over cash flow as it impacts transaction taxes.
Taxware’s solution offers the technology that
enables governments to simplify and modernize
transaction tax administration.”
“Streamlined’s
goal is to bring simplicity and uniformity to
state and local sales tax systems,” said Scott
Peterson, executive director, Streamlined Sales
Tax Governing Board. “Whether a business collects
sales tax in one state or forty states, we are
committed to making that process as simple as
possible. Today’s certification and authorization
of contracts are important milestones toward that
goal.” The Streamlined project is funded under
an agreement with the Streamlined Sales Tax Governing
Board, Inc.
The
Streamlined Sales Tax Program The
response of the states to losses of sales tax revenue
on Internet commerce was to band together in the
Streamlined Sales Tax Project (SSTP).
The
SSUTA Amnesty In
October, 2005, the member states of SSUTA offered
a sales tax amnesty program to unregistered businesses
that voluntarily registered to collect sales tax
in all member states.
SSTP
Certification US tax software provider Taxware announced in April, 2006, that it had earned certification from the states that are members of the Streamlined Sales Tax Governing Board.
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13/07 
