The U.S. Supreme Court this week ruled in South Dakota v. Wayfair that states can require out-of-state online sellers to collect sales taxes, overturning precedent that held otherwise.
Brick and mortar retailers have sought for years to even the playing field with online merchants. The ramifications of the decision are far reaching. The decision should be mostly good for state governments also which have been shortchanged by online commerce transactions.
The controversial decision is still being reviewed but here is an initial summary by OMA tax counsel, Justin Cook, of Bricker & Eckler. And here’s more analysis about the case from OMA Connections Partner, Schneider Downs.6/21/2018