Bloomberg Anywhere Login

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us

Businessweek Archives

Loud Cheers From The Mail Order Biz


In Business This Week

LOUD CHEERS FROM THE MAIL-ORDER BIZ

For another day at least, the mail-order industry can breathe easy. On May 26, the U.S. Supreme Court upheld its 25-year-old ruling that a state cannot tax sales of companies that mail products from outside the state. North Dakota had challenged a 1967 high court ruling that said states may tax only out-of-state mail-order firms that maintain a physical presence in the state.

The court didn't expressly prohibit states from taxing mail-order houses. It said Congress could allow the practice if the taxes didn't interfere with interstate commerce. But although about $3 billion in state tax revenues are at stake, Congress isn't likely to act on the issue soon.EDITED BY HARRIS COLLINGWOOD


LIMITED-TIME OFFER SUBSCRIBE NOW
 
blog comments powered by Disqus