This episode features Chris Marantette, President and CFO at NetRush, an agency helping brands navigate Amazon. He discusses the complex sales tax obligations that come with selling on online marketplaces, especially with Amazon FBA. Learn how NetRush partners with Avalara to maintain compliance with evolving state and federal tax rules to avoid costly penalties and ensure smooth operations.
Key takeaways
Amazon FBA sellers face significant sales tax complexities due to nexus creation in multiple states where Amazon stores inventory.
Automated tax software solutions, like Avalara, are crucial for businesses to accurately calculate, collect, and remit sales taxes across various jurisdictions.
Proactive tax compliance is essential to mitigate risks associated with evolving state and federal sales tax regulations.
Partnering with an experienced agency like NetRush can help brands navigate the intricacies of Amazon sales, including tax compliance, allowing them to focus on growth.
Understand that the responsibility for sales tax ultimately lies with the seller, even when utilizing marketplace facilitators like Amazon.
In episode 85 of Total Retail Talks, Chris Marantette, president and chief financial officer at NetRush, a retailer and agency that partners with brands to grow and manage their products on the Amazon Marketplace, discusses the opportunities and challenges, including sales tax obligations, that come with selling on online marketplaces. In particular, Chris details how…
What does this episode say about amazon & marketplaces?
Amazon FBA sellers face significant sales tax complexities due to nexus creation in multiple states where Amazon stores inventory.
What does this episode say about supply chain & operations?
Automated tax software solutions, like Avalara, are crucial for businesses to accurately calculate, collect, and remit sales taxes across various jurisdictions.
What does this episode say about finance & fundraising?
Proactive tax compliance is essential to mitigate risks associated with evolving state and federal sales tax regulations.
What does this episode say about amazon & marketplaces?
Partnering with an experienced agency like NetRush can help brands navigate the intricacies of Amazon sales, including tax compliance, allowing them to focus on growth.
What does this episode say about amazon & marketplaces?
Understand that the responsibility for sales tax ultimately lies with the seller, even when utilizing marketplace facilitators like Amazon.
