Sales Tax Blog
How E-Commerce Companies Can Use Instagram to Drive Sales
With 800 million monthly active users, Instagram has a built-in audience for e-commerce companies. The social media network only sits behind Facebook and YouTube when it comes to monthly users, and it only trails Facebook in daily users. Instagram users don’t just look at pictures. Many have deep pockets, and they are more than willing to spend that money. Sixty percent of Instagram users find new products on the site. That’s no surprise when you consider that Instagram has the highest follower interaction rate of any social media network. The statistics are promising, but how can you convert followers? How… Read More
The US Supreme Court Overturns “Quill” Ban on Online Sales Tax
In a 5-4 decision announced on Thursday, the Supreme Court overturned a 1992 ruling in Quill vs. North Dakota that explicitly banned states from taxing companies that don’t have a physical presence within their borders. The ruling came in the case of South Dakota vs. Wayfair, as South Dakota attempted to overturn the previous ruling. South Dakota cited their losses in not being able to collect sales tax on online sales, totaling nearly $50 million a year, and the Government Accountability Office citing nearly $14 billion in total missed tax revenue for all states. The case was a divisive issue… Read More