Monday, March 4, 2024

U.S. Supreme Court decision causes some panic for art dealers

Sales tax is usually applied based on the state in which the buyer takes ownership of the work; previously, sellers were only required to collect or pay sales tax if they had a physical presence in a state. … In June, however, the Supreme Court ruled in favour of the state of South Dakota in its case against the online retail giant Wayfair, forcing sellers to charge sales tax on out-of-state purchases and therefore shifting the responsibility on to the dealer. States are also expected to take a more active approach in pursuing this revenue.

More here.


Tags: , , , ,


No comments so far.

Clancco, Clancco: The Source for Art & Law,, and Art & Law are trademarks owned by Sergio Muñoz Sarmiento. The views expressed on this site are those of Sergio Muñoz Sarmiento and of the artists and writers who submit to They are not the views of any other organization, legal or otherwise. All content contained on or made available through is not intended to and does not constitute legal advice and no attorney-client relationship is formed, nor is anything submitted to treated as confidential.

Website Terms of Use, Privacy, and Applicable Law.

Switch to our mobile site