There aren’t even a million people living in South Dakota, but the state’s efforts to collect sales tax from online retailers could eventually have an impact on the hundreds of millions of Americans in other states who shop online. [More]
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States Hungry For Online Sales Tax Looking At Challenge To South Dakota Law
Amazon now collects sales tax in more than half the states, but that still leaves a substantial portion of the country not paying taxes on their purchases. Even in states where Amazon is collecting taxes, some other online retailers say they don’t have to collect taxes because they have no physical presence in the state. A new South Dakota law is a direct attack on these companies, and if it stands up to legal scrutiny it could have nationwide implications. [More]