The State of Ohio and Counties like ours, are about to see the biggest windfall in ages thanks to today’s Supreme Court ruling that says online retailers can’t dodge collections in States where they have no physical presence:
Internet retailers can be required to collect sales taxes in states where they have no physical presence, the Supreme Court ruled on Thursday (today).
Brick-and-mortar businesses have long complained that they are disadvantaged by having to charge sales taxes while many of their online competitors do not. States have said that they are missing out on tens of billions of dollars in annual revenue under a 1992 Supreme Court ruling that helped spur the rise of internet shopping.
On Thursday, the court overruled that ruling, Quill Corporation v. North Dakota, which had said that the Constitution bars states from requiring businesses to collect sales taxes unless they have a substantial connection to the state.
If the Montgomery County Commission still chooses to hike your sales tax, they should all be removed from office. The implications of this ruling will be gargantuan.
It will also be good news for local ricks and mortar retailers and independent stores who have built the cost of product shipping into their pricing already, and now don’t have to compete with “free shipping” and “no sales tax” for online retailers.