Retail Tax news and trends

Shopify Stock Tanks Post-Retail Sales Tax Decision

June 28, 2018
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Shopify Stock Tanks Post-Retail Sales Tax Decision

June 28, 2018
Shopify’s stock fell on Wednesday (June 27) following a recent U.S. Supreme Court ruling that will enable states to collect more online taxes. According to Investor’s Business Daily, the Canada-based company’s shares closed down 6.6 percent to 144.70, falling below its 50-day moving average. Last week, the U.S. Supreme Court ruled that states can collect taxes […]