Business > U.S.

Brick-and-mortar retailers get a boost from Supreme Court decision favoring online sales taxes

4 monthes ago   |   By Los Angeles Times

Chalk up another victory for brick-and-mortar retailers. Stores with physical locations such as Walmart Inc. and Target Corp. are on a winning streak after the U.S. Supreme Court ruled that states can require the collection of sales tax on internet purchases, overturning a 1992 decision that traditional...
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Supreme Court favors state online sales tax

4 monthes ago   |   By Reuters

States may force online retailers to collect potentially billions of dollars in sales taxes, the U.S. Supreme Court said in a major ruling on Thursday that undercut an advantage many e-commerce companies have enjoyed over brick-and-mortar rivals.
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Shares of Amazon, Wayfair and Others Hit by the Supreme Court's Ruling on Internet Sales Taxes

4 monthes ago   |   By NY Times

The Supreme Court's decision to expand states' ability to tax e-commerce sales hurt many online sellers. Except for the big one.
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Supreme Court Rules That Online Sellers May Collect State Sales Taxes On Purchases

4 monthes ago   |   By NPR

NPR Legal Affairs Correspondent Nina Totenberg discusses what the Supreme Court's ruling on online shopping means for sellers and state revenues.
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Court ruling clears way for Iowa to collect new sales taxes

4 monthes ago   |   By Miami Herald

The U.S. Supreme Court is clearing the way for Iowa to collect sales taxes on digital goods and services. The court ruled Thursday that states can force companies operating online...
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A Supreme Court Ruling Could Make Your Online Purchases More Expensive

4 monthes ago   |   By Fortune

In a close decision, the Supreme Court on Thursday determined that states can force internet retailers to collect sales taxes from shoppers even in states where they have no physical presence, handing traditional retailers and state governments a major victory.
For years, brick-and-mortar chains have complained of an uneven battlefield in the e-commerce wars, saying they had to charge and collect sales taxes everywhere while e-commerce rivals did not, except in states where they had a physical presence such as a distribution center or a store. The issue has also been an irritant to state...
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Supreme Court says states can force online shoppers to pay sales tax

Supreme Court says states can force online shoppers to pay sales tax

4 monthes ago   |   By New York Post

The 5-4 ruling Thursday is a win for states, who said they were losing out on billions of dollars annually under two decades-old Supreme Court decisions that impacted online sales tax collection.
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Supreme Court rules states can require online retailers to collect sales tax

4 monthes ago   |   By NBC News

The justices broke with 50 years' worth of legal rulings that barred the states from imposing sales taxes on most of the purchases their residents make from out-of-state retailers.
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With Billions At Stake, Supreme Court Rules States May Tax Online Retailers

4 monthes ago   |   By NPR

The Supreme Court on... held that states may/may not impose sales tax on Internet retailers with no physical presence within the state.
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Amazon and other online retailers are getting hit after the Supreme Court rules states can collect taxes on internet sales

Amazon and other online retailers are getting hit after the Supreme Court rules states can collect taxes on internet sales

4 monthes ago   |   By Business Insider

States may require online retailers to collect sales taxes, the Supreme Court ruled Thursday.
Shares of Amazon, Overstock.com, Etsy, Wayfair and other retailers fell after the ruling was announced.
Only five states do not collect a statewide sales tax.
Shares of Amazon and other online retailers fell Thursday morning after the Supreme Court ruled that individual states can require tax collection on digital sales.
Here's how stocks reacted:
Amazon : -1.3%
Overstock.com : -2.31%
Wayfair : -6.05%
Etsy : -2.75%
Thursday's decision overturns a 1992 ruling which limited tax collection by...
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U.S. Supreme Court rules in favor of internet sales tax

4 monthes ago   |   By AJC

The U.S. Supreme Court has ruled that states can charge out-of-state e-retailers sales taxes on what they sell.
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Shares of Amazon and other online retailers slide after Supreme Court sales tax ruling

4 monthes ago   |   By CNBC

The moves happened after the Supreme Court ruled states have the right to collect potentially billions of dollars in taxes from internet sales.
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