Supreme Court’s Wayfair Choice –
In its much-anticipated choice in Southern Dakota v. Wayfair, the U.S. Supreme Court ruled, by way of a 5 to 4 margin, that a situation may necessitate out-of-state vendors to get product sales and make use of taxation regardless of if they lack a real existence into the state. In reaching this outcome, the court overturned its landmark 1992 choice in Quill Corp. V. North Dakota.
Ruling’s impact on organizations
Just what does this suggest for companies that offer their products or services across state lines? The clear answer, much like therefore many questions regarding taxation regulations, is “it depends. Continue reading