A Year After ‘Wayfair,’ Revenue Uncertain, Legal Issues Coming
“It’s just about a year since the U.S. Supreme Court ruled on what many tax professionals have deemed the “tax case of the millennium,” but legal challenges may start arising soon as state online sales tax programs get underway in earnest.” Bloomberg.
Wayfair is not settled law. It will not be settled for years as legal challenges mount.
This will be interesting.
Every business doing interstate business has a stake in the outcome