Today's Hard|Forum Post
Today's Hard|Forum Post

Saturday January 13, 2018

US Supreme Court to Review Bid to Collect Internet Sales Tax

The Supreme Court initially ruled that states could not force online retailers to collect taxes unless they had a physical presence in the state (e.g., a warehouse), but that decision is being revisited. One of the major complaints is that the current law puts brick-and-mortar stores at a major disadvantage.

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State and local governments could have collected up to $13 billion more in 2017 if they’d been allowed to require sales tax payments from online merchants and other remote sellers, according to a report from the Government Accountability Office, Congress’s nonpartisan audit and research agency. Other estimates are even higher. All but five states impose sales taxes.

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