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Issues about collecting sale tax before threshold reached by eCommerce

Hi, experts

I'm operating a new LLC based on Wyoming. Our company operate a website which sell wooden dog sculpture to the entire united state. All of purchase including sale tax are collected by PayPal and stripe payment gateway.


I just learned that there is no consumption tax at the beginning of eCommerce business before the THRESHOLD reached of each state. (example: Virginia requiring tax collection and remittance when 

200 transactions threshold is reached)

 

Here is my question: 

1. Could I refund the sale tax collected to all paid customers to avoid early registration and remit sale tax to corresponding states? As these collected tax are incorrectly charged.

2. if my first assumption is wrong, please help me to advise a solution (affordable cost) to sort this issue out.

 

Sincerely appreciate help of my small business.  

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1 Reply
rjs
Level 15
Level 15

Issues about collecting sale tax before threshold reached by eCommerce

This forum is for questions about income tax, not sales tax. You will have to look elsewhere for help with sales tax issues.

 

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