Streamlined Sales Tax

Streamlined Sales Tax is an agreement among several U.S. states aimed at simplifying and unifying sales tax systems. It helps businesses, especially those selling online, by reducing the complexity of collecting sales tax across different states. This initiative standardizes tax rates, definitions, and exemptions, making it easier for retailers to comply with tax laws. By creating a more efficient process, it promotes fairness and compliance while helping states collect the correct revenue from sales taxes, especially in a growing digital marketplace. Overall, it seeks to balance the needs of consumers, businesses, and state governments.