TCCE Issue Paper - Wayfair/Internet Tax Issue
In June of 2018, the United States Supreme Court ruled states could collect taxes on internet sales (The Wayfair Ruling). Internet purchases were not exempt from taxes, but in many cases, it looked that way to consumers. Sales taxes, which exist in 41 states, apply to most purchases within the state. The seller has the responsibility to collect the tax and forward the money to the state.
In this brief explore the issues around internet taxation and pros/cons and potential impacts for communities.