Online Purchase Sales Tax Fight Heads to SCOTUS

Online Purchase Sales Tax Fight Heads to SCOTUS

Online Purchase Sales Tax Fight Heads to SCOTUS

Amazon and Walmart, two of the giants of online retailing, collect sales tax on all their sales in the 45 states that have a statewide sales tax.

It does seem fair, because as it now stands, certain retailers have an unfair advantage over others.

At issue is a rule saying that businesses don't have to collect state sales taxes when those businesses ship to a state where they don't have an office, warehouse or other physical presence.

The Supreme Court is hearing a case this week that could affect how much customers pay for online purchases. However, the vast majority of purchasers do not pay tax on these transactions (98-99%), and it's likely that many aren't even aware of this law. States say they're losing out in billions of dollars in tax revenue.

Manchester City locks up Premier League crown after Man United loss
Their statistics have been just as impressive, and Guardiola can be rightly proud of everything they have achieved in 2017/18. But it was the signings in areas City were falling short in, which have helped propel them from almost men into champions.

But numerous sales these small retailers get are through bigger sites like Amazon and Walmart. Walmart also collects sales tax on all online purchases. Something brick-and-mortar have argued will level the playing field.

Still, the change in precedent could put a burden on small- and medium-size online retailers who will have to navigate up to 16,000 different taxing units, according to Wayfair, which wants the current rule should stay in place.

South Dakota says it is looking to start collecting taxes only for future online sales, but But Wayfair's attorneys argue in court filings that many other states and local governments could demand years of back sales taxes, forcing retailers to go through costly audits of past sales and make back payments that could bankrupt some companies. "Now it might be something else that is going to take them back a step".

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