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posted by Fnord666 on Saturday April 01 2017, @04:14AM   Printer-friendly
from the show-me-the-money dept.

From NewsMax:

Amazon will start collecting state sales taxes nationwide starting April 1 after those governments complained for years about losing revenue to the Internet retail giant.

The move adds Hawaii, Idaho, Maine, and New Mexico to the states where Amazon will collect state sales taxes, after other states were added earlier this year, CNBC noted. Amazon will not collect state sales taxes in Alaska, Delaware, Oregon, Montana, and New Hampshire because they don't have sales tax levies.

The National Conference of State Legislatures said its members lost $23.3 billion in revenue in 2012 due to their inability to collect sales taxes from online purchases, CNBC noted. Amazon, the biggest e-commerce business, will collect state sales taxes for all entities that have them.

[...] Money magazine wrote this week that New York Gov. Andrew Cuomo is calling for internet retailers like eBay, Etsy, and similar online marketplaces to be made to collect state and local sales tax. Proposals are in the works for New Mexico and Rhode Island.


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  • (Score: 0) by Anonymous Coward on Saturday April 01 2017, @08:10AM

    by Anonymous Coward on Saturday April 01 2017, @08:10AM (#487521)

    All companies who sell to Australia will have to create an account with ths ATO and pay 10% gst on all internet purchases. Known locally as Harvey Law this is meant to help local businesses who complain that Australians are buying their goods from the net cheaper than they buy them in Australia. Harvey Norman is a campaigner of this tax. Nothing is said about the millions of purchases across the internet for goods not sold in Australia. The Australian government is expecting a windfall of billions of dollars in taxes in the years to come.