§ 44-59-6 Agreement requirements. –The tax administrator shall not enter into the Streamlined Sales and Use TaxAgreement unless the Agreement requires each state to abide by the followingrequirements:
(1) Uniform state rate. The Agreement must setrestrictions to achieve over time more uniform state rates through thefollowing:
(i) Limiting the number of state rates.
(ii) Limiting the application of maximums on the amount ofstate tax that is due on a transaction.
(iii) Limiting the application of thresholds on theapplication of state tax.
(2) Uniform standards. The Agreement must establishuniform standards for the following:
(i) The sourcing of transactions to taxing jurisdictions.
(ii) The administration of exempt sales.
(iii) The allowances a seller can take for bad debts.
(iv) Sales and use tax returns and remittances.
(3) Uniform definitions. The Agreement must requirestates to develop and adopt uniform definitions of sales and use tax terms. Thedefinitions must enable a state to preserve its ability to make policy choicesnot inconsistent with the uniform definitions.
(4) Central registration. The Agreement must provideda central, electronic registration system that allows a seller to register tocollect and remit sales and use taxes for all signatory states.
(5) No nexus attribution. The Agreement must providethat registration with the central registration system and the collection ofsales and use taxes in the signatory states will not be used as a factor indetermining whether the seller has nexus with a state for any tax.
(6) Local sales and use taxes. The Agreement mustprovide for reduction of the burdens of complying with local sales and usetaxes through the following:
(i) Restricting variances between the state and local taxbases.
(ii) Requiring states to administer any sales and use taxeslevied by local jurisdictions within the state so that sellers collecting andremitting these taxes will not have to register or file returns with, remitfunds to, or be subject to independent audits from local taxing jurisdictions.
(iii) Restricting the frequency of changes in the local salesand use tax rates and setting effective dates for the application of localjurisdictional boundary changes to local sales and use taxes.
(iv) Providing notice of changes in local sales and use taxrates and of changes in the boundaries of local taxing jurisdictions.
(7) Monetary allowances. The Agreement shall outlineany monetary allowances that are to be provided by the states to sellers orcertified service providers in exchange for collecting sales and use taxes.
(8) State compliance. The Agreement must require eachstate to certify compliance with the terms of the agreement prior to joiningand to maintain compliance, under the laws of the member state, with allprovisions of the Agreement while a member.
(9) Consumer privacy. The Agreement must require eachstate to adopt a uniform policy for certified service providers that protectsthe privacy of consumers and maintains the confidentiality of tax information.
(10) Advisory councils. The Agreement must provide forthe appointment of an advisory council of private sector representatives and anadvisory council of non-member state representatives to consult with theadministration of the Agreement.
§ 44-59-6 Agreement requirements. –The tax administrator shall not enter into the Streamlined Sales and Use TaxAgreement unless the Agreement requires each state to abide by the followingrequirements:
(1) Uniform state rate. The Agreement must setrestrictions to achieve over time more uniform state rates through thefollowing:
(i) Limiting the number of state rates.
(ii) Limiting the application of maximums on the amount ofstate tax that is due on a transaction.
(iii) Limiting the application of thresholds on theapplication of state tax.
(2) Uniform standards. The Agreement must establishuniform standards for the following:
(i) The sourcing of transactions to taxing jurisdictions.
(ii) The administration of exempt sales.
(iii) The allowances a seller can take for bad debts.
(iv) Sales and use tax returns and remittances.
(3) Uniform definitions. The Agreement must requirestates to develop and adopt uniform definitions of sales and use tax terms. Thedefinitions must enable a state to preserve its ability to make policy choicesnot inconsistent with the uniform definitions.
(4) Central registration. The Agreement must provideda central, electronic registration system that allows a seller to register tocollect and remit sales and use taxes for all signatory states.
(5) No nexus attribution. The Agreement must providethat registration with the central registration system and the collection ofsales and use taxes in the signatory states will not be used as a factor indetermining whether the seller has nexus with a state for any tax.
(6) Local sales and use taxes. The Agreement mustprovide for reduction of the burdens of complying with local sales and usetaxes through the following:
(i) Restricting variances between the state and local taxbases.
(ii) Requiring states to administer any sales and use taxeslevied by local jurisdictions within the state so that sellers collecting andremitting these taxes will not have to register or file returns with, remitfunds to, or be subject to independent audits from local taxing jurisdictions.
(iii) Restricting the frequency of changes in the local salesand use tax rates and setting effective dates for the application of localjurisdictional boundary changes to local sales and use taxes.
(iv) Providing notice of changes in local sales and use taxrates and of changes in the boundaries of local taxing jurisdictions.
(7) Monetary allowances. The Agreement shall outlineany monetary allowances that are to be provided by the states to sellers orcertified service providers in exchange for collecting sales and use taxes.
(8) State compliance. The Agreement must require eachstate to certify compliance with the terms of the agreement prior to joiningand to maintain compliance, under the laws of the member state, with allprovisions of the Agreement while a member.
(9) Consumer privacy. The Agreement must require eachstate to adopt a uniform policy for certified service providers that protectsthe privacy of consumers and maintains the confidentiality of tax information.
(10) Advisory councils. The Agreement must provide forthe appointment of an advisory council of private sector representatives and anadvisory council of non-member state representatives to consult with theadministration of the Agreement.
§ 44-59-6 Agreement requirements. –The tax administrator shall not enter into the Streamlined Sales and Use TaxAgreement unless the Agreement requires each state to abide by the followingrequirements:
(1) Uniform state rate. The Agreement must setrestrictions to achieve over time more uniform state rates through thefollowing:
(i) Limiting the number of state rates.
(ii) Limiting the application of maximums on the amount ofstate tax that is due on a transaction.
(iii) Limiting the application of thresholds on theapplication of state tax.
(2) Uniform standards. The Agreement must establishuniform standards for the following:
(i) The sourcing of transactions to taxing jurisdictions.
(ii) The administration of exempt sales.
(iii) The allowances a seller can take for bad debts.
(iv) Sales and use tax returns and remittances.
(3) Uniform definitions. The Agreement must requirestates to develop and adopt uniform definitions of sales and use tax terms. Thedefinitions must enable a state to preserve its ability to make policy choicesnot inconsistent with the uniform definitions.
(4) Central registration. The Agreement must provideda central, electronic registration system that allows a seller to register tocollect and remit sales and use taxes for all signatory states.
(5) No nexus attribution. The Agreement must providethat registration with the central registration system and the collection ofsales and use taxes in the signatory states will not be used as a factor indetermining whether the seller has nexus with a state for any tax.
(6) Local sales and use taxes. The Agreement mustprovide for reduction of the burdens of complying with local sales and usetaxes through the following:
(i) Restricting variances between the state and local taxbases.
(ii) Requiring states to administer any sales and use taxeslevied by local jurisdictions within the state so that sellers collecting andremitting these taxes will not have to register or file returns with, remitfunds to, or be subject to independent audits from local taxing jurisdictions.
(iii) Restricting the frequency of changes in the local salesand use tax rates and setting effective dates for the application of localjurisdictional boundary changes to local sales and use taxes.
(iv) Providing notice of changes in local sales and use taxrates and of changes in the boundaries of local taxing jurisdictions.
(7) Monetary allowances. The Agreement shall outlineany monetary allowances that are to be provided by the states to sellers orcertified service providers in exchange for collecting sales and use taxes.
(8) State compliance. The Agreement must require eachstate to certify compliance with the terms of the agreement prior to joiningand to maintain compliance, under the laws of the member state, with allprovisions of the Agreement while a member.
(9) Consumer privacy. The Agreement must require eachstate to adopt a uniform policy for certified service providers that protectsthe privacy of consumers and maintains the confidentiality of tax information.
(10) Advisory councils. The Agreement must provide forthe appointment of an advisory council of private sector representatives and anadvisory council of non-member state representatives to consult with theadministration of the Agreement.
