With the Supreme Court’s South Dakota v. Wayfair ruling and the elimination of the “physical presence” standard, a number of issues are raised in the realm of mergers and acquisitions for both buy-side accountants and sell-side accountants.
As companies grapple with applying the Court’s decision, there will be a heightened discrepancy between liability assessments between buyers and sellers – with some buyers wishing to be overly cautious, thereby driving up their calculation of contingent liabilities.
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by Jennifer weidler karpchuk
march 11, 2019