Posted - 06/21/2018 : 12:21:12
Supreme Court rules that states can force online shoppers to pay sales tax.
SCOTUS overturned a 1992 precedent barring states from requiring businesses with no "physical presence" in that state to collect sales taxes. The ruling is likely to lead other states to try to collect sales tax on purchases from out-of-state online businesses more aggressively.
States have broad authority to force online retailers to collect potentially billions of dollars worth of sales taxes, the U.S. Supreme Court ruled on Thursday, siding with South Dakota in its high-profile fight with e-commerce companies.
The justices, in a 5-4 ruling against Wayfair, Overstock.com and Newegg, overturned a 1992 Supreme Court precedent that had barred states from requiring businesses with no "physical presence" in that state, like out-of-state online retailers, to collect sales taxes.
The court, in a ruling authored by conservative Justice Anthony Kennedy, revived a 2016 South Dakota law that required larger out-of-state e-commerce companies to collect sales tax, a mandate that the online retailers fought in court.
Full Story - https://www.cnbc.com/2018/06/21/supreme-court-rules-that-states-can-force-online-shoppers-to-pay-sales-tax.html
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