The Supreme Court’s October decision in South Dakota v. Wayfair upended decades of established precedent governing state taxation of business. Prior to the ruling in Wayfair, states could only tax businesses that had a “physical presence” within their borders. The court’s decision in the Wayfair case to abrogate the physical presence standard threw all the cards up in the air. While the Supreme Court was unwise to decide as it did in Wayfair, Congress would be wise to step in and lend some semblance of order to the transition.
Read full story here.