Model 3 seller definition

Model 3 seller means a seller that has sales in at least five member states, has total annual sales revenue of at least $500,000,000, has a proprietary system that calculates the amount of tax due each jurisdiction and has entered into a performance agreement with the member states that establishes a tax performance standard for the seller. As used in this subsection a seller includes an affiliated group of sellers using the same proprietary system.
Model 3 seller means a seller that has sales in at least five
Model 3 seller means a seller that has sales in at least five member states, has total annual sales

Examples of Model 3 seller in a sentence

  • The comptroller may adopt rules relating to the administration and collection of the sales and use tax as necessary to comply with the agreement, including rules establishing the requirements for a seller to be a Model 1 seller, Model 2 seller, or Model 3 seller.


More Definitions of Model 3 seller

Model 3 seller means a seller that has sales in at least five member states, has total annual sales revenue of at least $500 million, has a proprietary system that calculates the amount of tax due each jurisdiction, and has entered into a performance agreement with the member states which establishes a tax performance standard for the seller.
Model 3 seller is a seller that has sales in at least five member states, has total annual sales revenue of at least five hundred million dollars, has a proprietary system that calculates the amount of tax due each jurisdiction, and has entered into a performance agreement with the member states that establishes a tax performance standard for the seller. As used in this definition, a "seller" includes an affiliated group of sellers using the same proprietary system.
Model 3 seller means a seller registered under the Agreement that has sales in at least five
Model 3 seller means a seller that has sales in at least five member states, has
Model 3 seller means a seller that has sales in at least five member states, has total annual sales revenue of at least $500,000,000, has a proprietary system that calculates the amount of tax due each jurisdiction and has entered into a performance
Model 3 seller means a dealer that has sales in at least five member states, has total annual sales revenue of at least $500 million, has a proprietary system that calculates the amount of tax due each jurisdiction, and has entered into a performance agreement with the member states which establishes a tax performance standard for the dealer. This could also mean an affiliated group of dealers using the same proprietary system.
Model 3 seller means a seller that has sales in at least five member states, has total annual sales revenue of at least $500,000,000,