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

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

FromTalking Tax


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

FromTalking Tax

ratings:
Length:
15 minutes
Released:
Jun 20, 2019
Format:
Podcast episode

Description

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:
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Released:
Jun 20, 2019
Format:
Podcast episode

Titles in the series (100)

Talking Tax, from Bloomberg Tax, is a weekly discussion of the most pressing issues facing tax and accounting professionals. Each week the podcast features discussions with lawmakers, federal regulators, lawyers, and journalists. From the courts to Capitol Hill to the IRS, Talking Tax has it covered.