The US Supreme Court’s decision in South Dakota v. Wayfair, Inc. overturned the physical presence requirement for sales tax nexus and allowed for sales tax collection obligations on remote sellers meeting economic thresholds based on in-state receipts or transaction volume. This has resulted in expected and unexpected tax impacts, as well as operational implications for taxpayers. The changing landscape may impact businesses going forward, from potential sales tax overpayments to states applying Wayfair to other types of taxes.
Source PwC
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