Internet Sales Tax Alert – U.S. Supreme Court Decision Imminent
Apr 05,2018
If you sell your products online in a state in which you do not have a physical presence, a decision expected to be rendered by the US Supreme Court in the coming months may dramatically change your business. Since 1992, the rule of the land has been that if you do not have a physical presence in a state that you sell products to (nexus), you do not have to charge or collect sales tax from your customers. With the explosion of internet sales, states across the country have been missing out on significant revenue from such sales tax collections. The fight that will decide this issue for the future is now before the Supreme Court (South Dakota vs. Wayfair).  We fully expect the Supreme Court to rule in favor of South Dakota, with several Justices indicating concerns about the original decision (Quill) that established the nexus rule. Justice Kennedy...
How the Latest Internet Sales Tax Proposals May Impact Your Business
Apr 08,2015
OverviewAs consumers we’re all familiar with the concept of paying sales tax for the goods we purchase. Forty-four states and the District of Columbia impose sales taxes on transactions, and retailers must charge the amount prescribed by the rules of their jurisdiction. Yet, for retailers, it’s not always so clear-cut.Currently, online retailers are only required to collect sales tax in states where they have a physical presence of property or employees. As Internet sales through companies like Amazon and eBay continue to soar, this model is constantly under pressure resulting from the disparity in tax treatment between online sales and brick-and-mortar sales. For years, states have pushed for legislation that clarifies how taxes should be collected on Internet purchases so they can get their fair share of the taxes owed on these transactions. In the last few years, two prominent proposals have emerged with differing consequences on business activities.For purposes of...

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