How Industrial Loses Under South Dakota v. Wayfair

WASHINGTON, DC–When the US Supreme Court announced its decision for South Dakota v. Wayfair last week, the narrative was largely around what the 5-4 vote meant for retail. Briefly, the court found that US states may impose sales taxes on Internet businesses, even if they don’t have physical locations in those states. Thus, online sellers — which have been responsible at least in part for the retail sector’s woes over the years — will finally have to pay state sales taxes.

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Posted Under: CBOR News