Overstock.com (OSTK) Releases Statement on U.S. Supreme Court Internet Tax Collection Ruling, Calling for Congressional Action
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States Can Require Internet Tax Collection, Supreme Court Rules - Bloomberg
June 21, 2018 10:18 AM EDT(Updated - June 21, 2018 10:22 AM EDT)
The U.S. Supreme Court freed states and local governments to start collecting billions of dollars in sales taxes from internet retailers that don't currently charge tax to their customers, according to Bloomberg.
The 5-4 vote overturned a 1992 ruling that made... More
Overstock's (OSTK) tZERO and BOX Digital Markets Sign Deal to Create Joint Venture
June 19, 2018 10:25 AM EDTtZERO and BOX Digital Markets LLC (BOX Digital) announced today they have entered into a joint venture, which is expected to become the worlds first regulated exchange for trading security tokens. Security tokens are electronic tokens defined as securities under U.S. law. The joint venture will seek approval from the U.S. Securities and Exchange Commission (SEC) prior to beginning operations.
tZERO will power the technology required to create and operate the joint venture. In addition, tZERO will manage the ongoing technology implementation,... More
