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Wayfair's impact on not-for-profit purchases and revenues.
- Source :
- Tax Adviser; Oct2019, p1-4, 4p
- Publication Year :
- 2019
-
Abstract
- The article discusses the Supreme Court's decision in "South Dakota v. Wayfair Inc." which invalidated the Supreme Court's long-standing precedent that a business must have a physical presence in a state for the state to require the business to register for, collect, and remit sales and use tax to the state. It reports that due to the decision states that impose a sales tax have updated their statutes to include economic nexus thresholds for out-of-state seller.
Details
- Language :
- English
- ISSN :
- 00399957
- Database :
- Complementary Index
- Journal :
- Tax Adviser
- Publication Type :
- Periodical
- Accession number :
- 138975460