Reuters: U.S.

Thursday, June 21, 2018

Breaking News: Supreme Court ruling lets states require online retailers to collect sales tax

 
 
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Supreme Court ruling lets states require online retailers to collect sales tax
The Supreme Court on Thursday upheld a South Dakota law requiring certain out-of-state retailers to collect its sales tax.

South Dakota lawmakers in 2016 passed a law that requires out-of-state online sellers to collect the state’s sales taxes if the companies have more than $100,000 in annual sales of products to South Dakota residents or more than 200 separate transactions involving state residents.

In a 5-4 ruling, the court overturned a 1992 court precedent barring states from collecting sales tax from businesses that have no physical presence in the state.
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