Online Shopping Is About to Get More Expensive

Online Shopping Is About to Get More Expensive

Thanks to the Supreme Court

With a 5-4 vote on Thursday, the Supreme Court ruled that states can force online retailers to collect sales tax, even if the company in question doesn’t have a physical presence in the state.

The South Dakota v. Wayfair ruling overturns a 1992 court decision that had historically freed the lion’s share of online retailers from sales taxes.

Motherboard

https://motherboard.vice.com/en_us/article/kzk94m/online-shopping-sales-tax-supreme-court

JURIST – Supreme Court rules states may require internet retailers to collect sales tax

http://www.jurist.org/paperchase/2018/06/supreme-court-overrules-out-of-state-retailer-tax-precedent-in-wayfair.php

South Dakota v. Wayfair, Inc. – SCOTUSblog

http://www.scotusblog.com/case-files/cases/south-dakota-v-wayfair-inc/

Supreme Court: States can collect online sales tax

https://www.detroitnews.com/story/business/2018/06/21/supreme-court-states-online-sales-tax/36237293/

States will be able to charge sales tax on online purchases thanks to the Supreme Court | TechCrunch

https://techcrunch.com/2018/06/21/states-will-be-able-to-charge-sales-tax-on-online-purchases-thanks-to-the-supreme-court/

Supreme Court Ruling on Online Shoppers Sales Tax Could Impact SWF Investing | SWFI – Sovereign Wealth Fund Institute

https://www.swfinstitute.org/swf-news/supreme-court-ruling-on-online-shoppers-sales-tax-could-impact-swf-investing/