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. 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
New sales tax Watershed moment for Digital Economy
