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Buying Online? ‘Wayfair’ Tax Is Straining E-Commerce

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Manage episode 236522505 series 1461619
Content provided by Bloomberg Tax. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Bloomberg Tax or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

The U.S. Supreme Court’s 2018 South Dakota v. Wayfair decision upended a 26-year precedent that limited a state’s authority to tax goods being sold across state lines. A year later, states have amended their laws to target remote sellers and online sales platforms like Amazon.com Inc. Bloomberg Tax reporter Ryan Prete spoke with Diane Yetter, founder of the Sales Tax Institute and president of consulting firm Yetter Tax, to discuss the ruling’s legacy so far and possible future legal issues. She said legal challenges could begin with differing interpretations of the laws, and go as far as class-action lawsuits against sellers for not collecting the taxes appropriately. Listen and subscribe to Talking Tax from your mobile device:

Via Apple Podcasts | Via Stitcher | Via Overcast | Via Spotify

  continue reading

339 episodes

Artwork
iconShare
 
Manage episode 236522505 series 1461619
Content provided by Bloomberg Tax. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Bloomberg Tax or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

The U.S. Supreme Court’s 2018 South Dakota v. Wayfair decision upended a 26-year precedent that limited a state’s authority to tax goods being sold across state lines. A year later, states have amended their laws to target remote sellers and online sales platforms like Amazon.com Inc. Bloomberg Tax reporter Ryan Prete spoke with Diane Yetter, founder of the Sales Tax Institute and president of consulting firm Yetter Tax, to discuss the ruling’s legacy so far and possible future legal issues. She said legal challenges could begin with differing interpretations of the laws, and go as far as class-action lawsuits against sellers for not collecting the taxes appropriately. Listen and subscribe to Talking Tax from your mobile device:

Via Apple Podcasts | Via Stitcher | Via Overcast | Via Spotify

  continue reading

339 episodes

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