SUPREME COURT ASKED TO OVERTURN QUILL’S PHYSICAL PRESENCE STANDARD WITH SOUTH DAKOTA’S ECONOMIC NEXUS TESTS FOR IMPOSING SALES TAX ON OUT-OF-STATE STATE RETAILERS
By: Jerald David August 4/18/18
State of South Dakota v. Wayfair, Inc. et al
In what portends to be the next landmark Supreme Court decision on a state’s constitutional power to impose state sales tax on interstate commerce the Court recently heard oral arguments in South Dakota v. Wayfair, Inc., et al, cert granted, 138 S.Ct. 735 (1/12/2018). The issue before the Court is whether South Dakota sales tax scheme can satisfy the requirement under the Commerce Clause by imposing sales and use tax collection on a remote seller without such seller’s having a physical presence in South Dakota.
TAX CUTS AND JOBS ACT OF 2017 INTRODUCES MAJOR REFORMS TO THE INTERNATIONAL TAXATION OF U.S. CORPORATIONS
By Jerald David August