VIRGINIA – Northam Nixes Online Sales Tax Set-Aside For Amazon

The legislature wanted to start collecting money in July 2020 to eventually pay Amazon (NASDAQ: AMZN). The first $40 million was going to come from the state’s internet sales tax revenue. But Northam’s revised fiscal year 2020 budget strikes that Continue reading VIRGINIA – Northam Nixes Online Sales Tax Set-Aside For Amazon

IDAHO – Senate OKs Bill To Collect Sales Tax On Online Retail Sales

Despite some hesitation about the creation of a new Idaho tax relief fund, the Senate agreed Thursday to pass a bill giving the state the authority to collect internet sales and use tax, which would then be funneled into the Continue reading IDAHO – Senate OKs Bill To Collect Sales Tax On Online Retail Sales

SOUTH DAKOTA – Turning Marketplace Facilitators Into Tax Collectors

While most states have been busy retooling their sales tax on remote sellers to conform to the standards set forth by the Supreme Court in its Wayfair decision, the current activity is centered in the marketplace facilitator arena, with more Continue reading SOUTH DAKOTA – Turning Marketplace Facilitators Into Tax Collectors

ARKANSAS – Senate Approves Large Tax Cuts

The Senate has already approved several large tax cuts this session, and another one is on its agenda. Senate Bill 576 will make far-reaching changes in the state corporate income tax code, to the extent that the Department of Finance Continue reading ARKANSAS – Senate Approves Large Tax Cuts

Arkansas – Online Sales-Tax Bill Sails In Arkansas Senate 27-3

A bill that would change several tax laws — including requiring out-of-state online sellers to collect sales and use taxes from in-state purchasers and changing the state’s corporate income-tax code — cleared the Arkansas Senate on Monday. The Senate voted Continue reading Arkansas – Online Sales-Tax Bill Sails In Arkansas Senate 27-3