The businesses most hurt from the U.S. Supreme Court’s internet tax ruling aren’t the big online retailers — instead, the losers will likely be the millions of small-business owners who sell on marketplaces such as Amazon.com Inc. and eBay Inc., the Wall Street Journal reported. The Supreme Court on Thursday overturned a longstanding precedent that states can only require retailers to collect sales tax when they have a physical presence there. The old rule enabled online commerce to boom and helped drive an explosion of small businesses that sell their wares across online platforms. But the new decision means that those millions of small businesses may now need to collect and remit sales taxes in the 45 states that have them. That could be an expensive and time-consuming task, especially if new rules differ between states.
