The South Dakota vs Wayfair Supreme Court decision regarding online sales taxes will have impacts in a number of states. The Justices ruled that a 1992 law on interstate sales was outdated, and online retailers should pay sales taxes in the states where they do business.
State Senator Randy Feenstra of Hull says Iowa has legislation in place to start collecting the taxes….
Feenstra says they should see some added revenue next year….
Feenstra, Chairman of the Ways & Means Committee, says he doesn’t see the change as a tax increase….
Feenstra says the tax levels the field between online and main street retailers.
