Law Firm News
Today's Legal News Bookmark This Website
Supreme Court to hear sales tax collection case
Legal News | 2018/01/09 10:05
The Supreme Court agreed Friday to wade into the issue of sales tax collection on internet purchases in a case that could force consumers to pay more for certain purchases and allow states to recoup what they say is billions in lost revenue annually.

Under previous Supreme Court rulings, when internet retailers don't have a physical presence in a state, they can't be forced to collect sales tax on sales into that state. Consumers who purchase from out-of-state retailers are generally supposed to pay the state taxes themselves, but few do. A total of 36 states and the District of Columbia had asked the high court to revisit the issue.

Large brick-and-mortar retailers like Walmart and Target have long bemoaned the fact that they have to collect sales tax on online purchases because they have physical stores nationwide. Meanwhile, smaller online retailers, who don't have vast networks of stores, don't have to collect the tax where they don't have a physical presence.

Internet giant Amazon.com fought for years against collecting sales tax but now does so nationwide, though third-party sellers on its site make their own decisions. But the case before the Supreme Court does directly affect other online retailers, including Overstock.com, home goods company Wayfair and electronics retailer Newegg, who are part of the case the court accepted.

States say the court's previous rulings have also hurt them. According to one estimate cited by the states in a brief they filed with the high court, they'll lose out on nearly $34 billion in 2018 if the Supreme Court's previous rulings stand. The Government Accountability Office, which provides nonpartisan reports to Congress, wrote in a report last year that state and local governments would have been able to gain between $8.5 billion and $13 billion in 2017 if they could require out-of-state sellers to collect tax on sales into the state. All but five states charge a sales tax.


[PREV] [1] ..[23][24][25][26][27][28][29][30][31].. [1799] [NEXT]
All
Lawyer Media News
Legal Marketing News
Headline Legal News
Court Line News
Legal News
Legal Interview
Topics in Legal News
Attorney News
Press Release
Attorney Opinions
Lawyer Blogs
Legal Marketing
Politics
Law Firm News
Maldives court delays reinst..
Courts: Bail reform working,..
Inmate in landmark Supreme C..
France argues World Court ha..
GOP to take new congressiona..
Afghans submitted 1.17 milli..
City, landowner appeal Supre..
Specialist prosecutor for Ko..
Wisconsin Supreme Court prim..
Court: Ex-West Virginia judg..
Kushner firm seeks court cha..
Supreme Court blocks some re..
Court allows Pennsylvania to..
Court: Lawsuit alleging coer..
Samsung heir freed after app..
Officials ask court to send ..
Malaysia's top court annuls ..
Analysis: Outside groups may..


   Lawyer & Law Firm Sites
Canton Criminal Lawyer
Canton DUI lawyer
www.cantoncriminalattorney.com
Fort Lauderdale Criminal Defense
Miami Sex Crimes Lawyer
www.mishalilaw.com
Surry County Criminal Defense Lawyers
Yadkin County Family Law Attorneys
www.dirussolaw.com
Oregon Chapter 7 Bankruptcy Lawyer
Eugene Chapter 7 Bankruptcy Lawyer
www.willamettevalleybankruptcy.com
Oregon DUI Law Attorney
Eugene DUI Lawyer. Criminal Defense Law
www.mjmlawoffice.com
Houston Car Accident Attorneys
Wrongful Death Attorneys Houston
Houston Wrongful Death
New York Adoption Lawyers
New York Foster Care Lawyers
Adoption Pre-Certification
www.lawrsm.com
Law Office Web Designs
Attorney Website Designs
www.webpromo.com
 
 
© Lawyer Media News. All rights reserved.

The content contained on the web site has been prepared by Lawyer Media News as a service to the internet community and is not intended to constitute legal advice or a substitute for consultation with a licensed legal professional in a particular case or circumstance. Legal Blog postings and hosted comments are available for general educational purposes only and should not be used to assess a specific legal situation. Best Law Firm Website Design - Attorney Web Design That Works