May142019
SCOTUS Decision in ‘Wayfair’—Multifaceted Impact on Law Firms
05.14.19 | The Mid-Market Report
Since June 21, 2018, all tax practitioners, and particularly those focusing on state and local tax matters, have been discussing, reading, writing and contemplating about the biggest event in state tax jurisprudence in almost 30 years. The U.S. Supreme Court finally agreed to hear a state tax case, South Dakota v. Wayfair, and, in doing so, overturned the long-established concept that some sort of physical presence was required in order to impose a sales tax collection obligation.
This article originally appeared in The Mid-Market Report.