Accounting Today | The Jury’s Out on How SCOTUS Will Rule on Wayfair

Clark Calhoun is quoted on a lack of awareness by businesses that have not complied with the state tax laws resulting from the U.S. Supreme Court’s Wayfair decision.

Our Securities Litigation Group examines a pair of cases—at the Fifth Circuit and Supreme Court—that could determine the constitutionality of the Securities and Exchange Commission’s administrative law judge system.

Clark Calhoun comments on how retiring U.S. Supreme Court Justice Stephen Breyer approached state tax issues, citing Breyer’s concern for precedent in the landmark South Dakota v. Wayfair decision.

The U.S. Supreme Court issued its decision in South Dakota v. Wayfair Inc. on Thursday. The South Dakota law under review was the result of an intentional effort by South Dakota to pass a law with an “economic nexus” threshold for use tax collection purposes that would conflict with the “physical presence” standard imposed by the Supreme Court’s 1992 decision in Quill Corp. v. North Dakota.