In my previous post, I discussed the issue of sales tax collection by individual states on internet purchases from out-of-state companies. The Supreme Court of the State of South Dakota overturned a state law requiring internet retailers to remit sales tax on sales to South Dakota residents, relying on the U.S. Supreme Court holding in Quill Corp. v. North Dakota (91-0194), 504 U.S. 298 (1992). Quill held that states could only impose sales tax on companies if their presence was more than a bare minimum.
Well, the U.S. Supreme Court recently announced that it will hear arguments in South Dakota v. Wayfair, Inc. to determine whether Quill should continue to be the law of the land in the internet era, especially since internet sales are becoming more and more prominent. If you have a business that sells products (or services?) to others out-of-state, the result could have a huge impact on the way you do business in the future.
