Deloitte Responds to US Supreme Court Wayfair Ruling

WASHINGTON, June 21, 2018 /PRNewswire/ -- Deloitte's National Multistate Tax Leader Valerie Dickerson, partner, Deloitte Tax LLP, offered the following statement in response to the U.S. Supreme Court decision on South Dakota v. Wayfair:

"This is a landmark ruling that will have a significant impact on online businesses of all sizes. Companies engaged in e-commerce may have to revise their business models, their IT systems and their internal processes for calculating their tax obligations. One key question is whether they have the required customer data to determine how to properly source sales."

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SOURCE Deloitte