SSUTA

(redirected from Streamlined Sales and Use Tax Agreement)
AcronymDefinition
SSUTAStreamlined Sales and Use Tax Agreement
SSUTASales and Use Tax Administration
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The Streamlined Sales and Use Tax Agreement (SSUTA) is the product of efforts to simplify and modernize sales and use tax collection and administration in the United States.
The Streamlined Sales and Use Tax Agreement simplifies and modernizes sales tax collects and administration by adopting:
3184 are cited as the "Streamlined Sales and Use Tax Act," in conjunction with Congress's Streamlined Sales and Use Tax Agreement.
The Streamlined Sales and Use Tax Agreement has become the latest battle-ground for the telecommunications industry seeking to reduce its costs as the industry is maneuvering to shape the rules that may decide how the industry is taxed.
OUTLINE OF THE STREAMLINED SALES AND USE TAX AGREEMENT
Numerous public and private groups have been involved in development of the Streamlined Sales and Use Tax Agreement. A thumbnail description of them and a listing of their Web sites are:
Toward this goal, the SSTP participating states approved the Streamlined Sales and Use Tax Agreement in November 2002.
The Streamlined Sales and Use Tax Agreement includes the following provisions:
To accomplish this goal, the drafters of the Streamlined Sales and Use Tax Agreement (SSUTA) required uniformity in state and local sales and use tax rules and administration.
Made up of overlapping membership with the implementing states (unlike the implementing states, legislation is not required for SSTP participation), the SSTP ground out the terms of the "Streamlined Sales and Use Tax Agreement" (Agreement) through numerous meetings stretching beyond two years.
22, 2000, the state representatives to the SSTP unanimously approved a Uniform Sales and Use Tax Administration Act (Act) and Streamlined Sales and Use Tax Agreement (Agreement) and forwarded them to the National Conference of State Legislatures (NCSL) for approval.
In late 2000, state representatives to the Project voted to approve a Uniform Sales and Use Tax Administration Act and Streamlined Sales and Use Tax Agreement, which state legislatures began considering in January 2001.
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