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Mon Apr 16, 2018, 04:06 AM

South Dakota e-commerce sale tax fight reaches U.S. Supreme Court

WASHINGTON (Reuters) - A high-stakes showdown at the U.S. Supreme Court on Tuesday will determine whether states can force out-of-state online retailers to collect sales taxes in a fight between South Dakota and e-commerce businesses.

South Dakota is asking the nine justices to overturn a 1992 Supreme Court precedent that states cannot require retailers to collect state sales taxes on purchases unless the businesses have a “physical presence” in the state.

The state, appealing a lower court decision that favored Wayfair Inc (W.N), Overstock.com Inc (OSTK.O) and Newegg Inc, is being supported by President Donald Trump’s administration.

A ruling favoring South Dakota could help small brick-and-mortar retailers compete with online rivals while funneling up to $18 billion into the coffers of the affected states, according to a 2017 federal report.

Read more: https://www.reuters.com/article/us-usa-court-taxes-preview/south-dakota-e-commerce-sale-tax-fight-reaches-u-s-supreme-court-idUSKBN1HM0G1

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Reply South Dakota e-commerce sale tax fight reaches U.S. Supreme Court (Original post)
TexasTowelie Apr 2018 OP
Sherman A1 Apr 2018 #1
elleng Apr 2018 #2
MichMan Apr 2018 #3

Response to TexasTowelie (Original post)

Mon Apr 16, 2018, 07:16 AM

1. This will be interesting

To watch and have repercussions either way it is decided.

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Response to TexasTowelie (Original post)

Mon Apr 16, 2018, 03:10 PM

2. Important.

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Response to TexasTowelie (Original post)

Mon Apr 16, 2018, 08:59 PM

3. Many states have use taxes that need to be paid whether or not the merchant charges for them

I sure everyone of DU submits the proper amount of "use tax" when they file taxes for those on line purchases that don't charge sales tax

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