Supreme Court won't stop NY's Internet taxation
Law Firm News
Today's Legal News Bookmark This Website
Supreme Court won't stop NY's Internet taxation
Court News Feed | 2013/12/05 14:50
On perhaps the busiest online shopping day of the year, the Supreme Court refused to wade into a dispute over state sales taxes for purchases on websites like Amazon.com, an outcome likely to prompt more states to attempt to collect taxes on Internet sales.

Monday's court action means "it might be the last Cyber Monday without sales tax," said Joseph Henchman of the Washington -based Tax Foundation.

It's all part of a furious battle -- also including legislation in Congress -- among Internet sellers, millions of buyers, aggrieved brick-and-mortar stores and states hungry for billions of dollars in extra tax revenue.

The high court without comment turned away appeals from Amazon.com LLC and Overstock.com Inc. in their fight against a New York court decision forcing them to remit sales tax the same way in-state businesses do. This could hurt online shopping in that state, since one of the attractions of Internet purchasing is the lack of a state sales tax, which makes some items a little cheaper than they would be inside a store on the corner.

And the effect could be felt far beyond New York if it encourages other states to act. The National Council of State Legislatures estimates that states lost an estimated $23.3 billion in 2012 as a result of being unable to collect sales tax on online and catalog purchases.

The court's refusal "allows states that have passed laws like New York's to continue doing what they've been doing," said Neal Osten, director of the Council's Washington office.



[PREV] [1] ..[1615][1616][1617][1618][1619][1620][1621][1622][1623].. [2655] [NEXT]
All
Antitrust Issues
Legal News Update
Legal Business Articles
Class Action Law Suits
Corporate Governance Law
Court News Feed
Criminal Law Articles
Elder Law Issues
Entertainment Law
Family Law Issues
Health Care Law
Legal Rights
Immigration Law
Legal Insurance
Intellectual Property Law
Labor & Employment Law
Legal Center
Legal Professional Business
Legal Internet Marketing
Litigation Law
Medical Malpractice Issues
Mergers & Acquisitions Matters
People on the News
Political and Legal Trends
Political Insight
Legal Focuses
Real Estate Law
Security Trends
Tax Information
Tort Reform Guidelines
Venture Business Articles
World Business Today
Law Firm Highlights
Attorney Info
Environmental Issues
Careers in the Legal Sector
Civil Rights Updates
DUI Info
Military Law Practices
Patent Law Information
Legal Consumer Rights
International Legal News
Maritime Law
Legal Outlook & Information
Law School Articles
TikTok content creators sue ..
Abortion consumes US politic..
Trump faces prospect of addi..
Retrial of Harvey Weinstein ..
Starbucks appears likely to ..
Supreme Court will weigh ban..
Judge in Trump case orders m..
Court makes it easier to sue..
Top Europe rights court cond..
Elon Musk will be investigat..


   Lawyer & Law Firm Links
Chicago Work Accident Lawyer
Chicago Workplace Injury Attorneys
www.krol-law.com
Connecticut Special Education Lawyer
www.fortelawgroup.com
St. Louis Missouri Criminal Defense Lawyer
St. Charles DUI Attorney
www.lynchlawonline.com
Indianapolis Personal Injury Law Firm
Indiana, IN Personal Injury Attorneys
www.williamspiatt.com
San Francisco Family Law Lawyer
San Jose Family Law Lawyer
www.onulawfirm.com
 
 
© www.timelegalnews.com. All rights reserved.

The content and articles provided on this website have been prepared by Time Legal News as an informational source and service to the legal internet community and is not to act or constitute as any type of legal advice or consultation with an actual licensed attorney or legal professional in any case or circumstance.Time Legal News blog posts and comments are available for educational purposes only and should not be used to determine or valuate a legal situation or matter. Affordable Law Firm Website Design