At a hearing in Concord on Wednesday, four New Hampshire business owners detailed the time and money they have had to spend to comply with a 2018 Supreme Court decision that allows states to collect sales tax from out-of-state businesses.
Sens. Jeanne Shaheen and Maggie Hassan, both back a bill that would, in effect, overturn the South Dakota v. Wayfair decision. The 2018 decision overturned a 1992 ruling that said states could only collect sales tax from businesses with a “physical presence” in that state.
In the 2018 Wayfair decision, former Supreme Court Justice Anthony Kennedy wrote the “physical presence” rule had become “removed from economic reality” because of online commerce, and he wrote states were losing out on sales-tax revenue. Since the decision, 37 states have enacted laws to collect sales tax from out-of-state businesses.
For the Full Story: New Hampshire Union LeaderNew Hampshire union leader
august 28, 2019