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Keyword: taxoninternet

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  • High Court: Online shoppers can be forced to pay sales tax

    06/21/2018 7:58:37 AM PDT · by Reno89519 · 162 replies
    AP ^ | June 21, 2018 | Hessuca Gresko
    WASHINGTON (AP) — The Supreme Court says states can force online shoppers to pay sales tax. The 5-4 ruling Thursday is a win for states, who said they were losing out on billions of dollars annually under two decades-old Supreme Court decisions that impacted online sales tax collection. The high court ruled Thursday to overturn those decisions. snip “Each year the physical presence rule becomes further removed from economic reality and results in significant revenue losses to the States. These critiques underscore that the physical presence rule, both as first formulated and as applied today, is an incorrect interpretation of...