In search of more revenues, the General Assembly recently enacted legislation requiring more companies to collect Rhode Island’s seven percent sales tax on items ordered on the internet. This legislation is a result of a 2018 U.S. Supreme Court decision allowing states to require companies to collect sales taxes on items sold on the internet.
Previously, in 2017, Rhode Island enacted a law that required companies with a physical presence in Rhode Island to collect a sale tax on goods ordered on the internet. These two laws were forecasted to raise over $45 million. Not only has the sales tax been expanded to cover sales on the internet, but since 2011, more goods and services are now subject to the sales tax.
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by steve frias
April 10, 2019