The Supreme Court agreed Friday to decide if states should be able to collect taxes on internet sales, which would generate billions in revenue for local governments, but also raise the cost of online shopping for consumers.
Just over a quarter-century ago, the court ruled that a state could not force mail order catalog companies to collect sales taxes unless they had a physical presence in the state..
The U.S. Supreme Court has agreed to hear an internet privacy case involving Google. It could halt an increasingly common form of settlement in class action suits. Such settlements funnel money to.. Source: Wochit News -
Apr.18 -- Neuberger Berman's Jamie Iselin discusses the Supreme Court hearing on states collecting internet sales tax with Bloomberg's Taylor Riggs on "Bloomberg Markets." Source: Bloomberg Global Business -