Posted: February 22nd, 2022

Discuss the Impact on multistate businesses

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After more than 25 years, the U.S. Supreme Court has changed direction and ruled in Wayfair that businesses that sell to customers in other states must collect the sales taxes that would be due in that state. For internet sales, drop shipments, and other common transactions Quill no longer provides protection from being required to act as a tax collector for a state other than the businesss home state. What does this decision mean? Answer the following questions completely.
WayfairWhat does it say?
QuillWhat was overturned
Discuss the Impact on multistate businesses
What questions remain unanswered by the Court’s decision?
Learning Objectives for this activity:
Discuss the Wayfair decision and its impact on businesses selling across state lines
Explain why nexus is no longer an issue in sales tax collection requirements
Plan next steps for your clients or business

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