Afternoon Coffee: Seal Software Partners With DocuSign, SCOTUS Ruling Clears States to Collect E-Commerce Sales Taxes

Seal Software, a provider of content discovery and analytics software, has announced a partnership with DocuSign, a provider of e-signature technology. According to the press release, the partnership will support “DocuSign’s broader System of Agreement strategy to automate and connect the entire process of how agreements are prepared, signed, enacted and managed.”

In the same press release, Seal Software announced that it has received a $30 million investment from Toba Capital.

A New Tax Bill for E-Commerce

The U.S. Supreme Court ruled on Thursday that states have the right to collect sales taxes from e-commerce companies, the New York Times reports. This decision overturns Quill Corporation v. North Dakota, which ruled that states cannot require businesses to collect sales taxes unless they have a physical presence in the state.

While the ruling would provide billions of dollars in tax revenue to states as well as put brick-and-mortar businesses on a more equal footing with their e-commerce counterparts, small businesses would shoulder the substantial burden of adhering to the diverse tax laws of 50 states.

Hydrogen Cars

Hyundai and Audi have teamed up to develop hydrogen car technology, Reuters reports. So far, these hydrogen cars, “which are propelled by electricity generated by fuel cells… have been held back by a lack of infrastructure and the push for battery electric vehicles by the likes of Tesla.”

And Now in Tit-for-Tat Tariff News...

The European Union will begin imposing tariffs on $3.2 million worth of U.S. goods starting Friday, the Wall Street Journal reports. These tariffs, which will affect goods like bourbon whiskey and Harley-Davidson motorcycles, are in retaliation to the tariffs that the Trump administration imposed on steel and aluminum imports.

Share on Procurious

Discuss this:

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.