In a sweeping new state budget plan, Massachusetts Gov. Charlie Baker introduced a measure that would require online marketplaces, such as Amazon and eBay, to collect sales taxes on behalf of third-party vendors which sell products using their platforms. There are currently nine other states that have passed similar laws.
The new proposal is estimated to bring in almost $42 million in revenue and follows previous tax measures meant to bring fairness to the tax system. Smaller stores with a physical presence in Massachusetts previously complained that some online retailers had an advantage since they didn’t pay the 6.25 percent sales tax.
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by Editors
january 27, 2019
