Supreme Court rules in favor of states for online sales tax case

In a case that could likely mean consumers paying more nationwide, the Supreme Court Thursday opened the door for states to collect sales taxes on purchases from online retailers even if...

In a case that could likely mean consumers paying more nationwide, the Supreme Court Thursday opened the door for states to collect sales taxes on purchases from online retailers even if that company doesn’t have a physical presence in that state.

The court overturned a longstanding rule that states can collect sales taxes only on transactions if the retailer has a “bricks and mortar” presence in that state. The decision could allow more states to impose sales taxes on companies that operate entirely online.

Source: STEPHANIE EBBS AUDREY TAYLOR

Photo Credit: Religion News Service

Photo Credit: McRuer CPAs

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