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EconomyBusinessAmazon Starts Collecting Sales Tax From Residents In 3 More States

Amazon Starts Collecting Sales Tax From Residents In 3 More States

Shopping online started with promises of availability, low prices and no sales tax. As online shopping sites grew, pressure grew to collect sales tax. Amazon spent years fighting against collecting sales tax. Slowly states have required the company the collect the tax.

State officials in 19 states now require Amazon to collect sales tax from state residents. The new states include Indiana, Nevada, and Tennessee. Florida residents will start paying sales tax in 2016.

References

Bensinger, G. (2014, January 1). New Year Rings in Sales Tax for Amazon Shoppers in Three States. Wall Street Journal Digits. Retrieved January 1, 2014, from http://blogs.wsj.com/digits/2014/01/01/new-year-rings-in-sales-tax-for-amazon-shoppers-in-three-states/

LPH
Layne Heinyhttp://www.layneheiny.com
LPH is a high school physics teacher interested in the Apple iPad and iPhone, Microsoft Surface, Tablet PCs, and other mobile devices. He resides with one large dog who begs for pizza, hamburgers, French fries, and anything else on the dinner table.

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