Last week the Supreme Court of the United States (“SCOTUS’) released its opinion in, South Dakota v. Wayfair Inc., which addresses a state’s authority to require internet retailers to collect sales tax. The Court ruled that the proliferation of internet retailers has changed the nature of commerce. And, that this change has resulted in the Court’s own precedent, which required a retailer to have a physical presence in a state before it could be subject to sale tax collection requirements, to now be obsolete.
Further information on this decision and the potential municipal impact can be found by reviewing the League’s recent blog post.
Contact: Frank Marshall, Esq., League Staff Attorney, FMarshall@njslom.org, 609-695-3481, Ext. 137.