Wayfair v. South Dakota was a landmark case that clarified how sales tax is determined and collected. Brought about by a group of online retailers that challenged a South Dakota law, the case has had major impacts on how state and local jurisdictions throughout the U.S. establish physical presence or nexus. Since the initial ruling of the Supreme Court case, states have begun to set up their own sales tax laws.
On this episode of the Tax Beat Podcast, Brooks Nelson, Partner and Strategic Tax Leader, and Sarah McGregor, Tax Director, discuss the Wayfair decision’s lasting impact with Cathie Shaw, State and Local Tax Practice Leader, and Lauren Stinson, Sales and Use Tax Team Leader.
This conversation includes:
00:00 - Start
03:01 - Impressions of Wayfair v. South Dakota oral arguments
04:05 - Changes over the last five years
05:17 - Industry impacts of Wayfair
07:38 - States that have adopted economic nexus
10:44 - Technology created to handle Wayfair
12:28 - Nexus enforcement
14:47 - Impact on income and franchise tax
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