Florida – Florida Retailers Call on Legislature to Close Online Sales Tax Loophole

After a recent U.S. Supreme Court decision, the Florida Retail Federation (FRF) is doubling down in its efforts to close the online sales tax loophole.

“Following the success of legislation and executive action in more than 35 states across the country, retailers continue to applaud governors and state legislators for acting swiftly to close the online sales tax loophole,” the FRF announced on Monday. “State action on this long-standing priority for the retail community followed the U.S. Supreme Court’s 2018 decision in South Dakota v. Wayfair Inc, which determined that states can collect and remit sales tax from out of state sellers who sell certain amounts, either by transactions or revenue, into a state. In the immediate aftermath of the Court’s ruling, states began the process of reviewing and updating their existing statutes to begin the process of requiring remote sellers to begin sales tax collection.

For The Full Story: Florida Daily

Florida daily
by florida daily
april 2, 2019


https://saltcpa.com/ https://validate.saltcert.com/# https://saltcert.com/forms/