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Calif. legislators OK online sales tax
Silicon Valley / San Jose Business Journal
Date: Thursday, June 16, 2011, 7:37am PDT
Related: Technology, Retailing & Restaurants
California legislators approved collection of an online sales tax among their revenue efforts as they passed the state budget on Wednesday.
Sponsors estimate the tax could bring in $200 million a year by collecting taxes that consumers have been avoiding when the make online purchases.
Federal law says states can only tax companies with a physical presence in a state but the new California law applies that to include companies such as Amazon.com Inc. that have "affiliates" in a state. Amazon (NASDAQ:AMZN) has responded to similar moves in other states by ending use of affiliates in those locations where it would mean they had to keep track of and collect sales taxes.
The proposed tax now goes to Gov. Jerry Brown.
Read more: Calif. legislators OK online sales tax | Silicon Valley / San Jose Business Journal
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发表于 2011-6-16 10:16 AM
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发表于 2011-6-16 10:20 AM
