AfterDawn: Tech news

California senate passes Amazon sales tax deal legislation

Written by James Delahunty (Google+) @ 10 Sep 2011 2:37

California senate passes Amazon sales tax deal legislation Internet giant agrees to start collecting sales taxes next year.
Amazon agreed to start collecting California sales taxes on September 15, 2011, unless the United States Congress passes legislation setting a national standard in a debate that has spread to numerous states.

While brick and mortar stores are subject to sales tax, Amazon does not collect the taxes, referring to a supreme court ruling in 1992 that declare the collection of taxes from companies that don't have stores or warehouses within a state unconstitutional.

Amazon had refused to collect sales taxes and gathered over 500,000 signatures of registered voters to put a motion to repeal a law that took effect on July 1 on the June ballot. "Nobody wanted this referendum," said Lenny Goldberg, a supporter who is executive director of the labor-oriented California Tax Reform Assn. "There's a big down-side risk for everyone with the referendum. Amazon gets hammered with bad publicity, and we could lose [the election]."

Increasing numbers of states have been probing the sales tax issue, as it could be a source of hundreds of million of dollars of tax revenue per year.

Tags: Amazon
Previous Next  
Comments have been disabled for this article.

Latest news

Intel announces: First commercial 5G modem in development Intel announces: First commercial 5G modem in development (20 Nov 2017 16:46)
The world's second largest semiconductor manufacturer, Intel, has announced a major project in mobile chips. The company has introduced a future portfolio for commercial 5G modems. According ....
1 user comment
CCleaner becomes adware, here's how to avoid Avast ads CCleaner becomes adware, here's how to avoid Avast ads (20 Nov 2017 13:00)
One of the more popular Windows cleanup tools, CCleaner, has added Avast ads on to their software. After being acquired by Avast, CCleaner wants you to install the virus protection suite along ....
5 user comments
Tesla's power pack charges your phone like a Supercharger Tesla's power pack charges your phone like a Supercharger (18 Nov 2017 13:25)
Tesla announced yesterday two incredible products that are due in two or three years. However, you might not have the money, nor the interest, to buy either Tesla Semi or Roadster, but there ....
Apple's newest product misses the entire holiday season, hits the stores in early 2018 Apple's newest product misses the entire holiday season, hits the stores in early 2018 (18 Nov 2017 12:20)
Apple has decided to push back one of the products originally revealed nearly 6 months ago in WWDC. The smart speaker, dubbed HomePod, has been delayed further and won't be seen in stores this ....
1 user comment
Tesla unveils two new vehicles, electric semi and super-fast new Roadster Tesla unveils two new vehicles, electric semi and super-fast new Roadster (17 Nov 2017 10:53)
Tesla has today announced two new vehicle prototypes that will bring the total number of Tesla cars, and now trucks, to six. As expected Tesla unveiled their "beastly" semi-truck the first time ....
1 user comment

News archive