The highest court in the U.S. has leveled the playing field for e-commerce companies and retail landlords snared in a tug-of-war for consumers.
The Supreme Court ruled last week that state governments have the authority to collect billions of dollars in new sales tax from online retailers – even when the retailer has no physical presence in the region.
The ruling overturns a 1992 decision that allowed many e-commerce retailers to avoid charging customers sales tax, giving them a competitive edge over physical stores.
See what Greg Maloney, CEO of retail at JLL, Americas has to say. Read more>>>