Cryptocurrency Q&A
What does the company NEXUS do?
What does the company NEXUS do?
Martina
Tue Nov 05 2024
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6 answers
1315
I'm interested in learning about the company NEXUS. Specifically, I want to know what kind of business they are involved in, their main products or services, and possibly their market position or unique selling points.
6 answers
Chloe_emma_researcher
Thu Nov 07 2024
"Nexus" signifies a significant connection between a company and a particular jurisdiction.
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BlockchainBaroness
Thu Nov 07 2024
This connection enables the jurisdiction to exercise authority over the company.
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Eleonora
Thu Nov 07 2024
Specifically, the jurisdiction can compel the company to comply with its sales tax regulations.
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VoyagerSoul
Thu Nov 07 2024
When a company is deemed to have nexus in a jurisdiction, it incurs certain obligations.
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CryptoPioneer
Wed Nov 06 2024
One of these obligations is to collect and remit any applicable sales tax within that jurisdiction.
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