SCOTUS sales tax decision could prove economic impact in Illinois

Local News

The U.S. Supreme Court has ruled that state can collect taxes from online retailers, even if the retailers are out of state.

The court ruling states individual states should be able to collect sales tax from Internet sellers regardless of whether they have a physical presence in the state, thus reversing a previous ruling in 1992.

The General Accountability Office reported that states did not collect more than $13 billion in additional tax from online sales in 2017.

But what does that mean for the state of Illinois?

WMBD’s Raquel Martin takes a look at the impact the ruling could have on the state.

Copyright 2019 Nexstar Broadcasting, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.

Don't Miss