DALLAS - June 28, 2020 - According to Merriam-Webster's legal dictionary, a nexus is a connection between things, people, or events that forms part of a chain of causation.
In tax law, proof of a business nexus is often required in order to establish the appropriate jurisdiction for tax regulations.
A business nexus is defined by a minimum level of commercial activity in a specific region that is sufficient to require a company to comply with
a particular jurisdiction's tax regulations. Because each state has different rules about whether a company with a presence in their state must collect and/or pay taxes, According to Merriam-Webster's legal dictionary, a nexus is a connection between things, people, or events that forms part of a chain of causation. In tax law, proof of a business nexus is often required in order to establish the appropriate jurisdiction for tax regulations.
A business nexus is defined by a minimum level of commercial activity in a specific region that is the jurisdiction for tax regulations.
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