Rutland Herald | January 24, 2017
By NEAL P. GOSWAMI
VERMONT PRESS BUREAU
“MONTPELIER — Online retail giant Amazon has agreed to begin collecting and remitting the state’s sales tax, providing a boost in revenue as the state faces another gap between revenues and spending in the 2018 fiscal year budget.
News of Amazon’s decision to collect and remit Vermont’s 6 percent sales tax beginning Feb. 1 emerged Friday. It is expected to provide a significant boost to state revenue.
Vermont Tax Commissioner Kaj Samsom said Monday state officials have known for some time that Amazon planned to begin collecting the state’s 6 percent sales tax. The retailer’s estimated sales tax payments to the state are confidential, however, according to Samsom, because information about sales and tax liability for individuals and businesses is not public.
“Generally, I think everyone knows Amazon is a major retailer,” Samsom told the Vermont Press Bureau. “We can say that the impact on sales and use tax revenue is measurable. We just can’t comment on specifics”…
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