SIOUX FALLS, S.D. (KELO.com) -- Sioux Falls Mayor Paul TenHaken has joined the chorus praising the South Dakota victory in the U.S. Supreme Court.
The Court has ruled that states can collect sales tax from online retailers, regardless of where the retailers are physically located.
“Today’s ruling is tremendous news for communities across South Dakota experiencing a lag in sales tax revenue,” says TenHaken. “The ability to collect sales tax for online sales will help the City invest in public safety, infrastructure, and amazing quality of life during a time when sales tax growth has been unpredictable and consumer buying habits have changed.”
TenHaken says that during the past 20 years, annual sales tax growth has decreased in Sioux Falls. In 1997 the City’s annual growth was 9.5 percent, compared to 2017’s annual growth of only 1.9 percent.
City officials say the amount of online sales tax dollars expected to flow to Sioux Falls is unknown, but this ruling and its outcome will be beneficial in sustaining the city budget.