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Supreme Court Rejects Online Sales Tax Appeals

The U.S. Supreme Court has rejected appeals from two big online retailers who want to keep states from taxing their merchandise.
The U.S. Supreme Court has rejected appeals from two big online retailers who want to keep states from taxing their merchandise.

On Monday, without comment, Supreme Court Justices upheld a lower court ruling favoring New York's right to tax overstock-dot-com and amazon-dot-com's goods.

Courts around the country have issued mixed rulings on the issue.

The United States has no national sales tax and Congress has yet to act on legislation aimed at allowing state governments to collect taxes from internet-based companies.
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