Streamlined Sales And Use Tax Agreement (Ssuta)

SSUTA is a co-operative of member states to simplify and standardise the sale and use of tax collection and administration. This agreement aims to reduce costs and administrative burdens for retailers who collect VAT, particularly retailers operating in several countries. Businesses with an ESD account can claim this deduction on their excise return when a PSC declares their VAT on a simplified electronic return (SER). A PSC is a certified agent under the tax treaty for optimized sales and uses. The objective of a PSC is to enable a company to outsource most of its tasks in VAT management. For more information, see CSP information on the National Streamlined Sales Tax website. The Streamlined Sales and Use Tax Project (SSTP) was launched in March 2000 to develop a sales and usage tax system that facilitates tax compliance for all retailers. VAT relief is a national effort by governments, locals and the private sector to simplify and modernize sales and use tax collection and administration. These national efforts led to the Streamlined Sales and Use Tax Agreement. In 2007, the General Assembly passed a law (Public Chapter 602 (2007) that makes numerous changes to bring Tennessee into compliance with the Streamlined Sales and Use Tax Agreement (SSUTA). The following amendments to the Sales and Use Tax Act will come into effect on January 1, 2008: most of the uniform definitions of the SSUTA; provisions on the registration of farmers for vat exemption; Provisions for the optional use of the centralized registration system for streamlining; and provisions for the optional use of Certified Service Providers (CSPs) or Certified Automated Systems (CAS) for VAT Collection and Transfer.

Minnesota is a member of the Streamlined Sales and Use Tax Agreement (SSUTA). This multi-purpose effort aims to simplify and modernize the management of sales and usage taxes, in order to significantly reduce the burden of compliance with tax rules.