Furthermore, small e-commerce businesses will be required to change their internal systems if the current system does not oblige with the new state sales tax requirements.
In light of the ruling, small online businesses who sell via their website, Shopify, Amazon Marketplace or Ebay, among other platforms are now to be required to maintain a state sales-tax compliance system. The purpose of the sales-tax compliance system is to accurately remit the sales tax to the states to where they ship their products.
Although, it is too early to say which exemptions are going to be afforded to small retailers by individual states to minimize any undue burden.
Effective October 1st, 2018, remote sellers in IL will be liable for collecting Illinois sales tax. They will be liable for collecting state sales tax if they meet either of the following:
- if they have cumulative gross receipts of $100,000 from sales to purchasers in Illinois
- have 200 or more separate sales transactions that are shipped to IL.