The U.S. Supreme Court and Online Sales Tax: What the Wayfair Decision Means as of Today
On June 21, 2018, the U.S. Supreme Court ruled that internet retailers can be required to collect online sales tax, even in states where they have no physical presence. The landmark decision, South Dakota vs. Wayfair, Inc., reverses a 1992 ruling and could result in a greater revenue source for state and local governments. As explained in this free Avenu webinar held right after the ruling, there are still uncertainties surrounding the potential effects, but change is likely on the way.