Dealers, whose sales totaled $4 million or more for the 12-month period ending June 30, 2017, are required to make an accelerated retail sales and use tax payment in June 2018.
This requirement is based on aggregate sales and purchases for all business locations, regardless of whether you file separate, combined, or consolidated returns.
If your business meets the threshold, you’re required to pay 90% of the sales tax you owed for the month of June 2017, minus the applicable dealer’s discount and prepaid wireless fee for that month. By June 1, you’ll receive a notice with the specific amount of tax you owe and instructions for making the payment.
You are required to file and pay electronically unless you already have an electronic filing waiver. You can pay using your business online services account, eForm ST-APC, or ACH Credit provided by banks.
Electronic payments are due June 30, 2018. However, since June 30 is a Saturday, electronic payments made on July 2 will be considered on time. If you already have an electronic filing waiver, you can pay by check but it must be postmarked on or before June 25, 2018.
See Accelerated Sales and Use Tax for more details.