Bruce Ely Quoted in Bloomberg Tax on Upcoming House Judiciary Hearing on Online Sales Tax Collection
Bloomberg Tax
Bradley attorney Bruce Ely was quoted in Bloomberg Tax on an upcoming House Judiciary Committee hearing that will consider how states may collect sales and use taxes on online transactions in the wake of the U.S. Supreme Court's ruling in South Dakota v. Wayfair. While a uniform response may be emerging from states, others say there’s a great deal of confusion as states sort out how to collect taxes on out-of-state sales. Ely said “chaos” was the right word for the current scene.
“Dates are all over the place” for compliance, he said. “Every state has its own effective date, its own threshold, its own theory as to when they should start collecting. They're all over the board.”
Annual sales thresholds are as high as $250,000 to $500,000 in some states, Ely explained. Some have set an Aug. 31 deadline, others Oct. 1, still others Jan. 1, he added. “There's no uniformity among the states there.”
The complete article, “House Judiciary to Hold Hearing on State Online Sales Taxes,” appeared in Bloomberg Tax on July 18, 2018. (login required)