The US economy is changing quickly and as it changes, we see businesses grow and expand their markets into other states.
On June 21, 2018, in a 5-4 decision, the U.S. Supreme Court decided South Dakota v. Wayfair, Inc., a landmark case concerning sales and use tax nexus standards.
Last year, the South Dakota Supreme Court held that a law requiring certain remote sellers to collect sales tax on sales made in the state was unconstitutional because it violated the physical presence requirement for sales and use taxes under Quill Corp. v. North Dakota and its application of the Dormant Commerce Clause. The decision effectively prevented states from collecting any sales tax from retail purchases made over the Internet or other e-Commerce route unless the seller had a physical presence in the state
The Court’s decision will have a significant impact on businesses across many industries that sell products or services in multiple states. Although e-commerce is first-of-mind with this ruling, its decision will affect many more industries, businesses and customers
As companies grow, practitioners and professionals need to be aware of SALT issues and how they impact their clients. This CPE webinar will focus on the major SALT issues that a client will look at. We will also look at the Wayfair case and how that has changed the sales tax world across the US.