PYMNTS
OCTOBER 3, 2019
sales tax obligations via the company’s sales tax application programming interface (API). Since the Supreme Court issued its opinion in South Dakota v. Wayfair last year, many online retailers now have to collect sales tax in additional states.
PYMNTS
JUNE 21, 2018
States can collect sales taxes from online retailers thanks to a U.S. The 5-4 decision essentially overturns the court’s 1992 ruling that states can collect sales taxes only from retailers that maintain a physical presence in those states. retail sales. retail sales. Billions of Dollars at Stake.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
PYMNTS
MAY 2, 2016
It’s a big litigious party out in South Dakota these days, as the state is suing four eCommerce merchants for their lost sales tax – and different merchants (in a separate suit) are suing right back. North Dakota. North Dakota.”. The lawsuit has, unsurprisingly, drawn some responses.
PYMNTS
MAY 3, 2016
This is proving particularly true for more and more cash-strapped states that have spent years staring at soaring traffic for online retailers but little — if any — increases in the taxes reaped from this digital, transcontinental economy. And South Dakota, for one, has had enough. North Dakota.
Independent Banker
OCTOBER 31, 2021
Although First State Bank & Trust serves a relatively rural market in northwestern North Dakota, the community bank is seeing a younger demographic and even older customers who are becoming more comfortable with technology and like the convenience of digital loans.
PYMNTS
SEPTEMBER 5, 2019
Governments rely on tax revenues to fuel the vital services they provide to residents and businesses – from firefighting and public education to water system repair and road maintenance. Retail sales taxes have long been key sources of state governments’ budgets and have been their greatest single stream of revenue since the mid-1900s. .
Expert insights. Personalized for you.
164 
Let's personalize your content