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Thursday, October 29, 2020
HomeNewsMarketsOnline Retailers Take Hit After SCOTUS Rules States Can Force Online Taxes

Online Retailers Take Hit After SCOTUS Rules States Can Force Online Taxes

FILE PHOTO: Amazon boxes are seen stacked for delivery in the Manhattan borough of New York City, U.S. January 29, 2016. (Photo: Reuters)

Shares of online retailers took a hit during trading on Thursday after the U.S. Supreme Court ruled states can force eCommerce companies to collect sales tax.

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PPD Business, the economy-reporting arm of People's Pundit Daily, is "making sense of current events." We are a no-holds barred, news reporting pundit of, by, and for the people.

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