Virginia – Shad Plank: A Sales Tax Bump As Online Dealers Sign Up

Well, here’s a surprise: sales and use tax collections, which have grown only sluggishly in the past few years despite a buoyant economy, jumped by 12.9% in August.

Another surprise: use tax collections — that is taxes paid on sales outside Virginia, basically from Internet vendors — soared by 44%. More than 1,200 new dealers signed up in August, and more than 31,700 Internet vendors now collect and pay use taxes to Virginia.

For The Full Article: The Virginian-Pilot

The Virginian-pilot
by dave ress | Daily Press
september 11, 2019