Daily Tax Report ®

Tax Assessments Likely Coming Next Year for Smaller Sellers

Dec. 4, 2020, 8:51 PM

The Week in Wayfair: The world of e-commerce selling is still adapting to the U.S. Supreme Court’s groundbreaking 2018 ruling in South Dakota v. Wayfair, which permitted states to impose tax collection duties on remote retailers based on economic activity in a state rather than physical presence. This week brought news of a possible coming wave of tax assessments on remote sellers, a newly pre-filed economic nexus bill in Florida, record-breaking Cyber Monday sales, and a jump in sales tax collections in South Carolina.

Remote sellers, particularly small ones, need to prepare for a wave of assessment letters from state...

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