Supreme Court Overturns Physical Presence
States May Use Economic Nexus
On June 21, 2018, the US Supreme Court overturned South Dakota v. Wayfair, Inc., reversing the long standing physical presence nexus standard for sales and use tax.
States can now potentially use the economic nexus standard established in Wayfair to require remote sellers to begin collecting and remitting sales and use tax, which creates new challenges for remote sellers to navigate. Our Alert has the details.
Read more here.