The United States is revising tax on e-commerce sales
Currently, only five US states charge sales taxes through e-stores, while other states enjoy free tax-free trade thanks to an outdated law that needs to be revisited.
The US Supreme Constitutional Court will review a 26-year-old law requiring the state of South Dakota to allow it to collect taxes from businesses, e-shops and shoppers online.
According to the sources, about $ 13 billion or more of tax funds could have been collected over the past year alone if the law had allowed e-commerce taxes.
Amazon is one of the biggest companies and stores affected by this law if it happened. Amazon imposes sales tax in states that impose such taxes, and about half of its sales are on third-party goods. Here, taxes are levied on the primary seller, and most do not.
It is likely that this case will last up to six months of deliberations to reach the final verdict and that it will listen to the prosecution until April.
The 1992 law was originally intended to exempt sales by mail from sales taxes because sellers do not have a real presence on the ground. Today, however, with the spread of e-commerce, it is undeniable that the volume of sales and taxes that can be collected from e-shops is far greater than that of some actual stores.