The Supreme Court will decide whether to expand the power of the states to collect sales tax from online sales, which could precipitate a vast increase in internet sales tax.
Supreme Court Internet Sales Tax Case
The justices announced Friday that they will take a challenge to a 1992 precedent which allows states to collect sales taxes only from those companies with a physical presence in their jurisdiction. As such, many states cannot collect sales taxes off of ecommerce behemoths like Amazon.
