The online business world is abuzz over the changing dynamics surrounding states collecting sales tax from online out-of-state businesses. Okay, “abuzz” probably isn’t the correct word. However, this is a family-friendly site so we’re trying to avoid out and out cursing. You can view the videos linked below to learn more about the developments in this area of taxation and law. The good news is there are five states that don’t collect any sales tax at all, offline or online, making your life a bit easier. [Read more…] about What States Do Not Collect Sales Tax?
Internet Sales Tax
Can states collect tax on digital goods? Search online, and you’ll find a common belief among business owners and journalists that no such tax exists. After all, digital goods aren’t physical items, so how could sales tax apply? As with many things on the web, the common belief is…wrong. [Read more…] about Sales Tax On Digital Goods
States, courts, and online retailers have struggled for 20 plus years with the issue of whether states can force out-of-state retailers to collect and remit Internet sales tax. In June of 2018, the Supreme Court finally weighed in on the matter in a case known as South Dakota vs. Wayfair, Inc. [Read more…] about Internet Sales Tax – The Supreme Court Decision
The status of the Internet sales tax in 2018 shows us both the merits and weaknesses of the court system and the Supreme Court in the United States. The Internet has been a massive commercial platform for twenty plus years now. The last 18 or so have involved an argument between states and companies over whether states can collect Internet sales tax from companies that sell to citizens of their states online, but don’t have a physical presence in the state. The Supreme Court let this issue fester for nearly two decades. Fortunately, the Court finally acted in 2018. [Read more…] about Internet Sales Tax In 2018 – Where Things Stand