Supreme Court opens up possibility for online sales tax
iStock/Thinkstock(WASHINGTON) — In a case that could likely mean consumers paying more nationwide, the Supreme Court on Thursday opened the door for states to collect sales taxes on purchases from online retailers even if that company doesn’t have a physical presence in that state.
The court overturned a longstanding rule that states can collect sales taxes only on transactions if the retailer has a “bricks-and-mortar” presence in that state. The decision could allow more states to impose sales taxes on companies that operate entirely online.
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