Supreme Court to hear sales tax collection case

Associated Press |

WASHINGTON (AP) — The Supreme Court has agreed to wade into the issue of sales tax collection on internet purchases in a case that could force people to pay more for some things and let states recoup what they say is billions in lost revenue.

Under previous Supreme Court rulings, when internet retailers don't have a physical presence in a state, they can't be forced to collect taxes on sales into that state.

In 2016, South Dakota lawmakers passed a law requiring out-of-state sellers like and Wayfair to collect and turn over sales tax to the state. The state's highest court struck down the law, citing previous Supreme Court decisions.

South Dakota, 35 other states and the District of Columbia had asked the Supreme Court to address the issue.

DISCLOSURE: The views and opinions expressed in this article are those of the authors, and do not represent the views of Readers should not consider statements made by the author as formal recommendations and should consult their financial advisor before making any investment decisions. To read our full disclosure, please go to:


Emerging Growth

Pressure Biosciences Inc

Pressure BioSciences Inc is a biological life sciences research company. It is engaged in the development and commercialization of a platform technology called pressure cycling technology.

Private Markets


Voleo is a free download that allows you to form investment clubs with your friends, family, colleagues, classmates, teammates…basically anyone you know and trust. Invest and manage a stock portfolio…

iPRO Network, LLC

We provide the platform, tools, and resources to empower individuals and professionals to market desirable goods and services to the public, taking the place of traditional methods of commerce.