Rokwiia
WKR
Yesterday's U.S. Supreme Court ruling opens the door for states to tax sales of internet products even where the seller has no attachment to the state the buyer is from. It overturns the Quill decision.
Why is that significant for us? Anyone who's looking to buy a big ticket item may want to do so sooner than later. Once states enact laws to tax internet sales, and I suspect that will occur quickly, you'll be paying sales tax on products you never had to before.
As you may already know, if a Colorado retailer sold a tent to someone living in Georgia, no sales tax was charged on that tent unless the Colorado retailer had a bricks and mortar location in Georgia. Now, tents, backpacks, electronics, scopes, clothing, firearm accessories, and more may now be subject to sales tax if states enact legislation.
You way want to pull the trigger sooner than later on something you've considered buying.
Why is that significant for us? Anyone who's looking to buy a big ticket item may want to do so sooner than later. Once states enact laws to tax internet sales, and I suspect that will occur quickly, you'll be paying sales tax on products you never had to before.
As you may already know, if a Colorado retailer sold a tent to someone living in Georgia, no sales tax was charged on that tent unless the Colorado retailer had a bricks and mortar location in Georgia. Now, tents, backpacks, electronics, scopes, clothing, firearm accessories, and more may now be subject to sales tax if states enact legislation.
You way want to pull the trigger sooner than later on something you've considered buying.