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Court Rules Online Stores Will Collect State Sales Tax

2018-06-22 0 Dailymotion

U.S. states could now make billions in online sales tax revenue.<br />The Supreme Court ruled Thursday that e-commerce companies must pay state sales tax.<br />The ruling came about in the case of South Dakota against Wayfair Inc and two other online retailers.<br />States can now create legislation requiring companies to collect sales taxes for goods bought online.<br />Reuters reports that as many as 24 states could see tax revenue gains of at least 1 percent. <br />

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