How the South Dakota v. Wayfair U.S. Supreme Court decision affects New Mexico

On June 21, 2018, the U.S. Supreme Court issued its highly anticipated decision in South Dakota v. Wayfair. In this 5-4 decision, the Court overturned the requirement from its 1992 ruling in Quill Corp. v. North Dakota, which held that sellers must have a physical presence in a state before they can be required to collect sales tax there.  

As a result, even though physical presence can still create nexus in a state for sales tax purposes, it is no longer required. Over the years, states had stretched…

Source: The Business Journal