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I have covered the retail industry for well over a decade and written for publications including the Wall Street Journal and Bloomberg News. I have also been ranked as a top industry influencer since 2013. Six film full movie. An innate curiosity about how things work and what sets one brand apart from another drives my coverage, described as “a distinct voice in a sea of noise.” I’m noted for my ability to distill scoops of insight from commodity news and create ahead-of-the-curve trend-setting pieces. Interviews with newsmakers or on-the-ground coverage of major events aren’t the only things that interest me.
I’m just as eager to take in the stories of consumers. My passion in storytelling goes beyond retail.
Originally from Taiwan as an ambassadorial scholar and having penned many columns about life and culture, I’m equally driven by a sense of mission to tell stories that inspire and touch hearts The author is a Forbes contributor. The opinions expressed are those of the writer. Supreme Court ruling on Thursday paves the way for states to ask online retailers to collect internet sales tax, a move praised by brick-and-mortar retailers as leveling the playing field between online and physical merchants. (Photo by Emanuele Cremaschi/Getty Images) Brick-and-mortar retailers that have seen their businesses upended, and sometimes literally destroyed, by the rise of e-commerce finally had a moment of vindication on Thursday: The U.S.
Supreme Court, in, basically gave states the green light to have online retailers collect sales tax, just like any local retailer. The message of that decision for e-commerce players? They’ve grown so big that they can’t get any special breaks anymore, at least when it comes to collecting sales tax, regardless of whether they have any physical presence in a state.
The highest U.S. Court made the decision after South Dakota in 2016 filed a lawsuit against major pure-play online retailers Wayfair, Overstock.com and Newegg regarding state tax collection. Thursday’s ruling in effect overturned a prior court decision in 1992 that had given a sales tax advantage to online retailers. In the majority opinion written by Justice Anthony Kennedy, the Supreme Court said times have changed to such a degree that online retailers no longer qualify for “an arbitrary advantage over their competitors who collect state sales taxes” by claiming they don’t have a physical presence in a state. “The internet’s prevalence and power have changed the dynamics of the national economy,”. He added that internet players not collecting sales tax have cost states as much as $33 billion in sales tax revenue each year. Among the specific evidence presented by the court?