English
Nexus: A connection or a series of connections linking two or more things
Legal, taxation
Nexus: The concept of "nexus" refers to a business having a sufficient physical presence in a state, which requires it to register and pay taxes in that state. If your S corporation has a significant presence or does a substantial amount of business in California, it might establish nexus there, obligating it to comply with California tax laws. - "ChatGPT"