Linked by Thom Holwerda on Thu 21st Jun 2018 22:37 UTC
Legal

The U.S. Supreme Court freed states and local governments to start collecting billions of dollars in new sales taxes from online retailers, overturning a ruling that had made much of the internet a tax-free zone and put traditional retailers at a disadvantage.

News of the ruling caused shares of Internet retailers including Amazon.com Inc. and Wayfair Inc. to fall.

The court's 1992 decision involving catalog sales had shielded retailers from tax-collection duties if they didn’t have a physical presence in a state. Writing for the 5-4 court Thursday, Justice Anthony Kennedy said that ruling was obsolete in the e-commerce era.

The sticker price not being the actual price you pay at the register is one of those things that always baffles and annoys me whenever I'm visiting the US. It seems odd to me that physical retailers have to charge tax, but online retailers don't. Seems like an odd loophole that needed fixing.

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RE[2]: Minor quibble...
by bhtooefr on Fri 22nd Jun 2018 12:39 UTC in reply to "RE: Minor quibble..."
bhtooefr
Member since:
2009-02-19

Although, nowadays, managing updated sales tax tables could at least be done reasonably.

Managing the payments, OTOH... if you have a sales tax processing company would be one thing, otherwise you'd have a problem. (Arguably, this is something where a federal agency could and should step in, to act as a sales tax processor for interstate commerce...)

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