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Deep Dive: The Unfolding Legacy Of South Dakota v. Wayfair

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Such a levy was not legal until last year’s South Dakota v. Inside South Dakota v. North Dakota case that businesses must have physical, in-state presences to be subject to state sales tax requirements. This gave sellers without physical presences in certain markets a competitive advantage.

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Report: The Risky Business Of Navigating Online Sales Tax For Merchants

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Merchants working to expand and sell online in more markets must comply with each market’s local sales tax regulations, however, and that is an increasingly complicated task. Even SMBs in states that do offer tax exemptions may still face new compliance requirements, such as obligations to notify and report sales to residents.

Taxes 133
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The Economic Case For Remote Sales Tax Uniformity

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George Isaacson has been watching the results of South Dakota v. Isaacson, a lawyer, Bowdoin College professor, senior partner at Brann & Isaacson and Data & Marketing Association tax counsel, argued Wayfair’s side in the precedent-setting Supreme Court case that has small businesses struggling.

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How Online Sales Tax Impacts Different eCommerce Models

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That all changed last year with the Wayfair vs. South Dakota ruling that sought to level the playing field for brick-and-mortar stores. The latest Next-Gen Sales Tax Tracker explores the complexities and challenges of compliance for different business models. Navigating these laws is easier said than done.

Taxes 129
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How AML Regulations Are Pulling Credit Unions Into Law Enforcement

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In Rapid City, South Dakota, for example, MED5 Federal Credit Union (MED5 FCU) launched an upgraded website after collaborating with the FinTech OMNICOMMANDER , which works to provide CUs with a variety of online tools, including web design, social media and marketing services. AML Compliance Turns CUs Into Law Enforcement.

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What ‘Patchwork’ eCommerce Taxes Mean For Black Friday – And Beyond

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After all, commerce is increasingly done across state lines, and remote sellers have the lure of selling into new and far-flung markets. As has been well-reported in this space, the regulatory landscape is changing for companies in the wake of the 2018 Supreme Court decision captioned South Dakota v. The hard part?

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BitGo On Protecting Cryptocurrency Exchanges From Money Launderers

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billion bitcoins in circulation, with a market capitalization of $117.81 These coins often change hands through cryptocurrency exchanges like South Dakota-based BitGo , which was founded in 2013 and specializes in tokenized forms of cryptocurrency known as wrapped bitcoin. The year 2020 saw 18.42