Thomson Reuters has created an online resource center where tax practitioners can find information, special reports, insights and a client letter related to the Supreme Court’s recent decision in the case of South Dakota v. Wayfair.
The landmark ruling allows states to require remote sellers such as online websites to collect sales taxes from customers and could have far-reaching implications in the world of e-commerce and state taxation.
The South Dakota v. Wayfair Resource Center offers insights on the landmark Supreme Court sales tax ruling, along with an in-depth analysis of it. Also in the center is a client letter; an infographic; and three Checkpoint special reports: 1) Nexus Considerations in a Post-Wayfair World, 2) Navigating the “Kill Quill” Revolt: Considerations For Remote Sellers, and 3) Corporate Income Tax E-Commerce Study 2018; and more.
The Thomson Reuters Checkpoint special report, Nexus Considerations in a Post-Wayfair World, provides insights into what firms need to know about the high court’s decision and how it affects their clients and business. The report first offers an overview of sales and use tax nexus, then examines the issue of economic nexus within the South Dakota v. Wayfair case. The report also includes color-coded maps showing which states assert economic nexus and which impose notice and reporting requirements on remote sellers. Finally, it assesses the impact of Wayfair.
“The Supreme Court’s decision impacts thousands of jurisdictions across the United States that impose sales and use taxes,” said Salim Sunderji, managing director of Checkpoint with the Thomson Reuters Tax & Accounting business, in a statement. “Our Resource Center is designed to help tax professionals gain clarity on the complex and rapidly changing nexus landscape—all in one central location.”