New State and Local Tax Obligations in Cyberspace

摘要

The Wayfair decision is a landmark one. Not only did it change fifty-one years of case law, but it will have a significant impact on budgets and tax systems of state and local governments and millions of businesses. It may also change Commerce Clause interpretations outside of state tax laws. Tax advisers who assist their clients or employer with state tax matters will be busy. They will need to monitor state and local activities by lawmakers and tax agencies to help advise clients on new compliance obligations and strategies.