Georgia – Third-Party Sellers To Pay Sales Tax Under New Law April 1, 2020


Third-party sellers using online marketplaces such as Amazon, eBay and Airbnb will have to pay sales taxes to the state of Georgia under a bill the governor signed into law Thursday.

State officials estimate that House Bill 276, which takes effect April 1, is expected to bring in $78 million for the state and $65 million for local governments in the first year. Other estimates have suggested much greater revenue gains.

Lawmakers reached an agreement on the measure in the opening days of this year’s legislative session, eager for it to bolster revenues in the current budget year that ends June 30. It will also increase tax revenues in the 2021 budget that lawmakers are now writing.


For the Full Story: Wabe

Wabe
by associated Press
January 30, 2020