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| Current Status of Streamlined |
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On November 12, 2002 delegates from thirty states and the
District of Columbia approved the "Streamlined Sales and Use Tax Agreement". (Agreement) Among other things, the Agreement addresses and
provides for state level administration of sales and use taxes, uniform
definitions, rate simplification, uniform determination of where sales occur
(sourcing), simplified exemption administration, and uniform audit and
registration.
The approval of the Agreement by the Streamlined delegates
did not modify the laws of any state. The determination as to whether and how to
implement the terms of the Streamlined Agreement rests with each state. Since
approval of the Agreement, over 25 states have introduced or enacted legislation
intended to conform to the provisions of the Agreement.
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