Supreme Court and Online Sales TaxTop of Mind with Julie Rose • Season 1, Episode 793, Segment 1
Apr 18, 2018 • 20m
Guest: John Barrick, PhD, Associate Professor of Accountancy, Marriott School of Business, Brigham Young University
The US Supreme Court heard arguments on Tuesday, and the justices seemed split, on whether or not states can force an out-of-state internet store like Overstock.com to collect sales taxes. President Trump made his view clear on Twitter after the hearing: “States and Cities throughout our Country are being cheated and treated so badly by online retailers. Very unfair to traditional tax paying stores!”
What’s the issue here and why is the Supreme Court involved?