Article from Bloomberg Politics by Greg Stohr.
The Trump administration urged the U.S. Supreme Court to let state and local governments collect billions of dollars in sales taxes from online retailers.
Taking the side of traditional retailers, the administration said Monday that the court should uphold a South Dakota law that would collect sales taxes from large Internet retailers even if they don’t have brick-and-mortar stores in the state.
The government said the court might have to overturn a 1992 ruling that said states can’t force merchants to collect taxes unless they have a “physical presence” there.
Online retailers Wayfair Inc., Overstock.com Inc. and Newegg Inc. are opposing South Dakota in the court fight, saying Congress should set the rules for online taxes. Each company collects sales taxes from customers in only some states.
Read the whole story at Bloomberg Politics.
Image Credit: Jericho [CC BY 3.0 (http://creativecommons.org/licenses/by/3.0)], via Wikimedia Commons
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