Supreme Court allows states to collect sales taxes on more online transactions

WASHINGTON -- A closely divided Supreme Court upended the nation`s Internet marketplace Today, ruling that states can collect sales taxes from most online retailers.

The decision, which overturns an earlier Supreme Court precedent, will boost state revenues at the expense of consumers and sellers who have avoided sales taxes in the past.

Justice Anthony Kennedy wrote the 5-4 decision, joined by Justices Clarence Thomas, Ruth Bader Ginsburg, Samuel Alito and Neil Gorsuch. Chief Justice John Roberts dissented, saying the decision should be left to Congress, and was joined by Justices Stephen Breyer, Sonia Sotomayor and Elena Kagan.

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Ken Notes: It will be interesting to see if congress now steps in to offer new regulations and rules. But for now the great American loophole is closed.

This will also be interesting in Wisconsin where there are state, county, and local sales tax laws in place all based on point of sale not point of delivery...



- - Volume: 6 - WEEK: 25 Date: 6/21/2018 11:09:18 AM -