|
What is SST?
The principal goal of the Streamline Sales Tax Project (SSTP) is to simplify state sales and use tax. Simplification is to come mainly from making all states operate under a single set of rules. Currently, all of the states, and many of the 7,500 sales tax jurisdictions operate under unique and different sets of rules, making multi-state tax compliance impossible for all but the largest retailers.
Additional Benefits
What is the credit that is available by Washington state?
To help retailers transition to destination-based sales tax, the state of Washington is providing to small retailers up to a $1,000 tax credit, to offset any necessary changes to their accounting, point-of-sale, or other systems, or two years of assistance from a certified service provider (CSP). As a CSP, using the Exactor services will make you eligible for this credit. The credit is available on the excise tax return, beginning with the July 2008 return. You are are eligible for this credit if you meet all of the following requirements:
How do I register for this credit?
You do not need to make any special registration to be eligible for this tax credit. All you will need to do is maintain documentation to support your claim for eligibility, and take the credit on your tax returns. Let us know you are eligible and Exactor will add in the deduction on your return.
Learn more about the Streamlined Sales Tax Agreement (SST) and Tax Compliance or visit the Washington Department of Revenue Web site. |
|