Poll Question: Taxing online retailers
For years, brick-and-mortar retailers have complained that the retail playing field is tilted in favor of out-of-state online sellers, who effectively avoid state sales taxes.
Sure, consumers are supposed to pay the sales tax on such sales when they file their taxes at the end of the year. But few do.
Now comes the recent Supreme Court ruling in South Dakota vs. Wayfair. In a reversal of a 1992 Supreme Court ruling, the court ruled that states may charge tax on purchases made from out-of-state sellers, even if the seller does not have a physical presence in the taxing state.
The National Retail Federation immediately celebrated the ruling, which it says, “clears the way for a fair and level playing field where all retailers compete under the same sales tax rules whether they sell merchandise online, in-store or both.”
What impact do you expect the ruling to have on brick-and-mortar retailing?
Take the official HBSDealer poll on the right side of this screen (or scroll down your handheld device). Or, send us a letter to the editor on the topic to [email protected].
Sure, consumers are supposed to pay the sales tax on such sales when they file their taxes at the end of the year. But few do.
Now comes the recent Supreme Court ruling in South Dakota vs. Wayfair. In a reversal of a 1992 Supreme Court ruling, the court ruled that states may charge tax on purchases made from out-of-state sellers, even if the seller does not have a physical presence in the taxing state.
The National Retail Federation immediately celebrated the ruling, which it says, “clears the way for a fair and level playing field where all retailers compete under the same sales tax rules whether they sell merchandise online, in-store or both.”
What impact do you expect the ruling to have on brick-and-mortar retailing?
- Major impact
- Minor impact
- No impact
Take the official HBSDealer poll on the right side of this screen (or scroll down your handheld device). Or, send us a letter to the editor on the topic to [email protected].