News / Article

Supreme Court allows states to collect sales taxes on more online transactions

Source: usatoday.com - Jun 21, 2018

WASHINGTON -- A closely divided Supreme Court upended the nation's Internet marketplace Thursday, ruling that states can collect sales taxes from most online retailers.

The decision, which overturns an earlier Supreme Court precedent, will boost state revenues at the expense of consumers and sellers who have avoided sales taxes in the past.

CLICK SOURCE TO READ ARTICLE

Category: General Business