Thursday, June 21, 2018

Supreme Court: States can collect online sales tax

Chain Store Age
The U.S. Supreme Court has handed down its eagerly anticipated decision regarding online sales tax collection — and some digital retailers are not going to be happy.

In a 5-to-4 ruling, the court opened the door for states to collect sales taxes on companies that operate entirely online and do not have a physical presence in that state. The decision overturned a longstanding rule that states can collect sales taxes only on sales if the retailer has a “bricks and mortar” presence in that state.. . . more