MULTI STATE – Wayfair V.S. South Dakota Ruling Impacts remote Commerce Laws

More than 35 states have introduced bills or passed laws over the last year that would permit the collection of sales and use tax on remote transactions previously excluded from state taxation. Recognizing the novel attributes of internet commerce, these new laws contemplate collecting sales tax from internet platforms that serve as marketplaces for other sellers, including marketplaces that offer their own virtual currencies for customers to use for transactions.

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