Screen Shot 2018-04-15 at 4.43.54 PM.png

   A previous article talked about some brick and mortar companies having a gripe about Amazon not collecting state taxes. The issue lies in the small retailers that utilize Amazon to sell goods may not be paying state taxes in the state the purchase is made.

This issues will now go before the Supreme Court to challenge an old law (26yrs). South Dakota v Wayfair Inc., if overturned will force small retailers to collect taxes on the state in which the buyer makes the purchase regardless if the retailer resides in that state or not. This could hurt small retailers while leveling the playing field for brick and mortar companies.  A decision on this case should be reached by the end of June.

Where do you stand on this decision?

WSJ

CNN Money

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

You May Also Like

The Best Buy-Amazon Team up

   Amazon can be called the retail store killer and one company…

Can Chrome Tablets gain a strong footing in 2019?

  We are beginning to start to see the next evolution of…

Uber self driving car accident follow up

   I said back when the accident happened that we needed to…