nexus and sales tax
Nexus refers to the connection or presence of a business entity in a particular jurisdiction that makes it subject to the jurisdiction's laws and regulations. Sales tax, on the other hand, is a tax imposed by the government on the sale of goods or services, usually calculated based on a percentage of the total transaction value. When it comes to sales tax, nexus helps determine whether a business has a sufficient presence in a jurisdiction to be liable for collecting and remitting sales tax on sales made within that jurisdiction.
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