South Dakota v. Wayfair Update: Oklahoma

The Oklahoma State Commission enacted the Marketplace Sales Act on April 10, 2018. The act requires businesses conducting sales through a website to either collect and remit the tax or provide tax responsibility notices to purchasers and report details to the tax commission. Following the U.S. Supreme Court’s South Dakota v. Wayfair ruling, Oklahoma Tax Commissioner Clark Jolley concluded that in the world of commerce post-Wayfair, “because we have already made huge strides in collecting taxes from major retailers, Oklahoma will likely not see a huge influx of cash.”

The Marketplace Sales Act requires remote sellers and marketplace facilitators to collect and remit sales tax if they have $10,000 or more in sales to Oklahoma customers in the preceding twelve-month period.  The new law is effective July 1, 2018.

For more information see Oklahoma’s Economic Report.

New Sales Tax Landscape for Online Sellers

The recent U.S. Supreme Court ruling in South Dakota v. Wayfair overturning the long-held Quill decision will dramatically change the landscape for online sellers when it comes to sales tax.

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