On June 21st, the U.S. Supreme Court decided the historic South Dakota v. Wayfair, Inc. case, which will greatly impact the state tax consequences for the online retail and e-commerce industries. Specifically, this case:
- Permits states to collect sales tax on purchases their residents make from remote retailers; and
- Eliminates the restrictions, (dating back to the mail-order catalog era), which limited tax collections only to vendors who had stores or some other physical presence in the state.
This ruling has triggered many questions about the guidance and planning needed for future online sales. In response to this, we invite you to our complimentary, live webinar during which our tax specialists will offer their insights and guidance regarding the Wayfair case, along with an invaluable analysis of the future impact and responsibilities online retailers will see in the state sales tax arena.
It is our goal to provide the needed insight for both online and traditional retail businesses to understand the new reporting responsibilities brought to bear by this case and to offer recommendations to ensure that the new reporting requirements are accounted for compliantly and on a best practice basis. We hope you will be able to attend.
Note: There will be one hour of Tax CPE credit (not Legal CLE ) available for this webinar.
The contents of this webinar are intended for educational purposes only. Although there will be a general discussion of tax law and its application, your individual facts and situations may vary from those discussed. As such, the contents of the webinar should not be considered as tax or any other advice, and we strongly encourage you to contact your tax advisor with respect to your specific facts.