Goodbye, tax-free Internet sales. We sure will miss you

Goodbye, tax-free Internet sales. We sure will miss you

Two popular companies named in the Supreme Court decision - home-goods retailer Overstock.com and electronics merchant Newegg.com - now collect no NY sales tax because they have no physical offices here.

The court's conservative wing argued that the previous ruling was sufficient to protect the rights of states, but the Trump administration urged the court to side with South Dakota and expand tax collection powers.

"Attempts to apply the physical presence rule to online retail sales are proving unworkable".

Only five states do not have a state-wide sales tax: Alaska, Delaware, Montana, New Hampshire, and Oregon. "For centuries, states have threatened the free flow of interstate commerce by attempting to tax and regulate businesses all across the country, regardless of location". North Dakota, which established the physical presence test for sales and use tax nexus. "This is a big win for local brick-and-mortar retailers, who will now get a chance to compete on a level playing field with out-of-state internet companies that have maintained an unfair edge by not collecting sales taxes". Justice Anthony Kennedy wrote the 5-4 decision, joined by Justices Clarence Thomas, Ruth Bader Ginsburg, Samuel Alito and Neil Gorsuch.

"It's going to be very hard for New Hampshire-based businesses to comply with this", she said.

Prince Louis to be christened by the Archbishop of Canterbury next month
His brother Prince George was christened at a similar time, and was baptised about 13 weeks after he was born on October 23, 2013. According to Fitzwilliams, Prince Harry and Markle's attendance in the event is already a representation for the royal family.

Until now, many sellers that have a physical presence in only a single state or a few states have been able to avoid charging sales taxes when they ship to addresses outside those states.

Businesses that sell through marketplace websites, such as third-party sellers on Amazon, and store inventory in the state at the time of the sale are also required to collect sales tax, according to the Illinois Department of Revenue.

"E-commerce has grown into a significant and vibrant part of our national economy against the backdrop of established rules, including the physical-presence rule". The bill would have taken effect if the Supreme Court or Congress had acted to allow such collections, as the high court did Thursday.

"Businesses large and small will need to adopt or ramp up their internal processes to meet the challenge of complying with thousands of state and local sales tax jurisdictions", said Richard Jones, an attorney in the Boston office of Sullivan & Worcester. Chief Justice John Roberts dissented along with Stephen Breyer, Sonia Sotomayor, and Elena Kagan.

In testimony before the Florida House Ways & Means Committee in January 2017, analysts gave a rough estimate of $200 million in potential sales tax revenue resulting from applying the tax to more remote sales. "The burden is going to higher on SMBs because of the admin work required for each state - there is /will be software to simplify this, but nonetheless the impact is going to be greater on the smaller/high growth e-commerce companies", the investor said.

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