U.S. Supreme Court grants certiorari in South Dakota v. Wayfair, et al.

The U.S. Supreme Court will review the validity of a South Dakota law which requires remote retailers to collect the state’s sales and use tax even if the retailer does not have a physical presence there. If this state law is upheld by the high court, it may result in a tidal wave of similar legislation around the country, requiring online retailers who do not already do so to collect and remit tax and be subject to audits by state and local taxing authorities.

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