The US Supreme Court is ruling in favor of South Dakota in allowing states to collect online sales tax revenue.
State Senator Deb Peters was instrumental in crafting a bill that eventually got challenged all the way to the country’s highest court.
She’s also president of the National Conference of State Legislatures. She says that group and the federal government are going to help all states get organized.
“What the federal tax administrators are going to do, and the National Conference of State Legislatures are going to do is we’re going to work putting together best practices, along with the streamlines sales tax governing board, put together best practices and try to get it so all 50 states are following the same type of rules and guidance so we don’t mess this up. Because the last thing we want is for congress to come in and mess this up again.”
Peters says the Supreme Court ruling means businesses are no longer required to have a physical presence in the state to remit sales tax.
Peters says any business reaching 200 transactions or sales that exceed at least $100,000 is currently required to remit sales tax collections.