Internet Sales Tax Ruling Helps States Avoid Revenue Erosion In The New Economy

Source: David G. Hitchcock, S&P Global Ratings, June 21, 2018
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S&P Global Ratings believes the U.S. Supreme Court’s decision allowing states to require out-of-state online retailers to collect sales tax will have a beneficial effect on long-term state credit quality. However, the immediate credit effect may be muted. The Wayfair decision, will help stem state tax erosion in a changing economic environment.