By a 5-4 vote the Supreme Court overturned the precedent from Quill Corp. v. North Dakota in 1992 that effectively left internet companies with no physical presence in a state exempt from collecting sales taxes. The Court took the case, South Dakota v. Wayfair, “to reconsider the scope and validity of the physical presence rule mandated by those cases.” Today’s ruling found “the physical presence rule of Quill is unsound and incorrect.” The court notes, with Justice Anthony Kennedy writing the majority opinion, “The physical presence rule has long been criticized as giving out-of-state sellers an advantage. Each year, it […]
