Supreme Court ruling on sales tax

21 Jun Supreme Court ruling on sales tax

The Supreme Court ruled today that states can compel retailers to collect sales taxes even if they don’t have a physical presence in the state. This will have consumers paying more for the online purchases from retailers that currently do not collect sales taxes. This is a major change. We’ll see how Kentucky handles this; some states have a sales threshold amount that is reached before they will subject a retailer to the sales tax rules.