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Supreme Court leaves online sales tax question to Congress |
December 03, 2013
The U.S. Supreme Court will leave it to Congress to settle the contentious question of online sales tax collection that brick-and-mortar retailers contend puts them at a disadvantage to giants such as Amazon.com.
The nation’s highest court declined on Monday to hear a petition from Amazon.com and Overstock.com asking for a review of a New York Court of Appeals ruling that upheld the collection of sales tax for online purchases.
In 1992, the Supreme Court ruled sales tax only needs to be collected if a business has a physical presence in a state.
But the New York law, enacted in 2008, considers retailers to have a physical presence even if the businesses accept “affiliate” sales leads from other websites.
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Link: http://www.pcworld.com/article/2068540/supreme-court-leaves-online-sales-tax-question-to-congress.html#tk.rss_all
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