Digital Tax Impact
On 06/21/18 US Supreme Ct. (SCOTUS) ruled to allow US States and municipalities to collect taxes from the digital sales of products and services. Â Online retailers lost their lower price advantage and costs increased due to their having to collect and distribute taxes to 12,000+ municipalities.
Most Recent Article
Key articles:
- New Digital Sales Tax driving markets lower and Wal-Mart higher,
June 25, 2018 - Effect of SCOTUS’ Sales Tax Decision on Markets, June 21, 2018
Products applicable:
Interview of BullsNBears Director of Research about digital tax by WFN1
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New sales tax Watershed moment for Digital Economy
