• Supreme Court Ruling in Wayfair Case a Win for Real Estate and States

    2 monthes ago - By RIS Media

    On June 21, the Supreme Court issued its holding on South Dakota v. Wayfair, Inc., reversing a long-standing rule on online sales tax collection in a decision that's a win for real estate, brick-and-mortar retailers and the states. The case dealt with whether states can require out-of-state online retailers to charge and remit sales tax on purchases made by residents. Upending a long-held precedent, the Court ruled that the South Dakota law in question, which did just that, could stand, and that the previous doctrine controlling this issue no longer applies.
    The Wayfair decision reverses a...
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