Ohio Newz

States Want to Force Online Retailers to Collect Billions in Sales Tax

States Want to Force Online Retailers to Collect Billions in Sales Tax



2018-04-17T03:22:03+0000

Bloomberg: The 1992 U.S. Supreme Court decision says retailers can be forced to collect the tax only if they have a physical presence in a state, such as a store or warehouse. Broader taxing power would let state and local governments collect an extra $8 billion to $23 billion a year, according to various estimates.

Overstock.com has a small but unmistakable advantage for anyone looking to buy a 3-cup Cuisinart Mini Prep Plus Food Processor for shipment to Germantown, Maryland: Purchasers don’t have to pay the 6 percent sales tax they’d owe at a local store.



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