SALT Report 1337 – Indiana Governor Mitch Daniels announced that the state has reached an agreement with Amazon.com and that the online retailer will begin collecting sales tax on Internet transactions. The DOR estimates that revenue from sales tax remitted by Amazon would be approximately $20 to $25 million per year.
According to the agreement , Amazon will voluntarily collect and remit Indiana sales tax beginning January 1, 2014 or 90 days from the enactment of federal legislation, whichever is earlier. In return, the state has agreed that they will not assess Amazon for sales tax for periods prior to that date.
Paul Misener, Amazon’s vice president for global public policy, said at a news conference in the governor’s office that the company supported legislation requiring sales tax collection by all online retailers and Governor Daniels said he will continue to push for federal legislation to fairly address the issue.
Indiana is the fourth state to reach an agreement with Amazon.
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