by Michael Markowski | Jul 20, 2018 | alerts, archive, Digital Economy, Digital Tax Impact
Its been a month since the United States Supreme Court ruled to allow US States and municipalities to collect sales taxes from products and services that are purchased from online sellers. Over the last 20 trading days the shares of Wal-Mart increased by 4.5%. From...
by Michael Markowski | Jun 25, 2018 | alerts, archive, digital tax, Digital Tax Impact, Markets/Economy
The more than 1.3% declines for the Dow 30 and the S&P 500 and the 2.0% decline of NASDAQ today were caused by last week’s digital sales tax ruling by the US Supreme Court. The mainstream financial media has blamed today’s decline on trade. Since the ruling the...
by Michael Markowski | Jun 21, 2018 | alerts, archive, digital tax, Digital Tax Impact, Markets/Economy
The US Supreme Court (SCOTUS) ruled today that the State of South Dakota can apply their brick and mortar sales taxes to those businesses domiciled outside of the state who sell their products and services online to South Dakota’s residents. This is a significant...