Etsy sellers confront unknowns after Supreme Court ruling [CNNMoney.com]
Etsy, Inc. (ETSY)
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Source: CNNMoney.com
Etsy sellers confront unknowns after Supreme Court rulingLauren Boggs Meslar has been selling patterned paper straws, hemp gift cords and other lifestyle goods on Etsy since 2012, relying on sales from the Etsy shop and her own e-commerce website to "help pay the bills" for her family.But a new Supreme Court ruling upends how states handle online sales taxes. Now Meslar worries about the future of managing her own small internet business."I'm in 'wait and see' mode to see what the actual impact will be for a microbusiness such as mine," Meslar told CNNMoney. "I am not concerned about profit, just the potential headache," she added, noting that she might have to comply with tax rates "for, what, 9,000 districts?"The Supreme Court ruled Thursday that states can compel retailers to collect sales taxes even if they don't have a physical presence in the state, effectively paving the way for more taxes on online shopping. The ruling was praised by some in the retail industry for clarifying
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- Why the Market Dipped But Etsy (ETSY) Gained Today [Yahoo! Finance]Yahoo! Finance
- ETSY Gears Up to Report Q1 Earnings: What's in the Cards? [Yahoo! Finance]Yahoo! Finance
- Etsy, Inc. (NASDAQ: ETSY) had its price target lowered by analysts at Wedbush from $80.00 to $70.00. They now have a "neutral" rating on the stock.MarketBeat
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- Handmade Jewelry Market to Reach $472.5 Billion Globally by 2032 at 11.9% CAGR: Allied Market Research [Yahoo! Finance]Yahoo! Finance
ETSY
Earnings
- 2/21/24 - Miss
ETSY
Sec Filings
- 4/22/24 - Form ARS
- 4/22/24 - Form DEFA14A
- 4/22/24 - Form DEF
- ETSY's page on the SEC website