According to the post by Adam Liptak, the U.S. Supreme Court has been hearing arguments in the case of states having the ability to collect internet sales taxes from companies not located (do not have a presence) within their borders. It appears from the questions and statements made by the justices during the presentation of evidence that they are divided on the issue. The case before the Supreme Court involves the state of South Dakota vs. Wayfair. South Dakota wants Wayfair to collect sales taxes on all online purchases made by state residents. The company would then give the sales tax money to the state. If the justices agree with South Dakota, all online businesses would be required to follow the new law. The post does state Amazon has nothing to do with the case as the company already collects state's sales taxes and pays the money to the states.
|Just thinking about it makes me tired.|
Panzer says, "This little kitty thinks this could cause a lot of trouble for small internet companies if they have to collect taxes for all fifty states."
Note: This is a long post. Bring a cup of tea and two muffins for today's reading selection.
To read the post tootle over to Supreme Court Justices