Business Nexus
/ˈbɪznəs ˈnɛksəs/
Definitions
- (n.) A legal connection between a business and a jurisdiction justifying taxation or regulatory authority.
The company established a business nexus in the state by maintaining a physical office there.
Forms
- business nexus
Related terms
See also
Commentary
A business nexus often determines whether a state can impose tax or regulatory obligations on an out-of-state entity; clarity in contracts and business structure affects nexus determination.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.