Monthly Archives: June 2011

Nexus, What Is It?

“Nexus” is a term used to describe what level of contacts a company must have with a state in order for that state to be able to impose taxes and/or sales/use tax collection and remittance responsibility. “Nexus” for state income … Continue reading

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California Nexus Tax Bill

California now has in place the below embedded affiliate nexus tax law. From the preface of the bill: This bill would include in the definition of a retailer engaged in business in this state any retailer entering into agreements under … Continue reading

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Manager Managed LLC

A “manager managed LLC” is an LLC the management of which is vested in the managers, as opposed to the members.

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