Deloitte US Dbriefs Webcast: The Wayfair sales tax ruling: Implications for private companies
The US Supreme Court's decision in Wayfair v. South Dakota (Wayfair) in June 2018 overruled the prior judicially created sales/use tax nexus standard of physical presence as it applied to South Dakota's sales/use tax nexus statutes. What impact is this having on private companies with remote seller transactions involving the sale of goods and services?