High Court's Reminder Of Potential Sales Tax Liability
January 16, 2014, 9:14 PM EST
Law360, New York (January 16, 2014, 9:14 PM EST) -- The U.S. Supreme Court has recently refused to intervene in the long-running skirmish over whether a state can compel online retailers to collect sales tax. The decision serves as a reminder that many states continue to aggressively pursue out-of-state online retailers to collect and remit sales tax for all sales made into the state.
This reminder is not just for for-profit entities, but needs to be heeded equally by charities, trade and professional associations, and other nonprofit organizations that sell taxable goods and services online into...
Financial Services Law360 UK provides breaking news and analysis on the financial sector. Coverage includes UK and European Union policy, enforcement, and litigation involving banks, asset management firms, and other financial services organizations.