E-com Sales Tax

In this podcast episode we, Ryan Johnson, Danny Wright, and Paul Johnson discuss the compliance requirements for non-US businesses operating in the United States. The conversation touches on various aspects related to tax compliance, especially for foreign sellers. We delve into the concept of nexus, which triggers a business's obligation to collect and remit sales tax in a state. We discuss potential roadblocks and challenges foreign businesses may face when trying to become compliant in the US.While foreign businesses don't necessarily need to set up an LLC or a corporation within a US state to establish tax compliance, having a US bank account could be necessary to facilitate transactions and payments to the states. We highlight scenarios where a foreign business might want to set up a US entity, such as when dealing with suppliers or vendors that require it for partnership purposes.Our conversation emphasizes the importance of understanding the practical implications of compliance, including adm