Almost five years to the day of the Supreme Court’s decision in South Dakota v. Wayfair, one of the biggest problems brought about by that decision may finally have been solved.
Prior to Wayfair, states could only require retailers to collect and remit sales tax on purchases made by customers in that state if the retailer had some form of physical presence in that state. Wayfair changed that, allowing states to require completely remote sellers to collect sales taxes. Expected to go from complying with just one or two state sales tax regimes to complying with vastly different state tax systems around the country nearly overnight, small remote sellers without much in the way of in-house accounting know-how were left out in the cold.
Read the full story here.