TALLAHASSEE, Fla. (CNS) — Florida is losing $700 million a year it is already owed on internet sales.
State lawmakers took the first step to begin collecting the money, passing the bill through its first committee Tuesday, but there are concerns over who will benefit from the collections.
A 2018 U.S. Supreme Court decision cleared the way for states to start collecting taxes from vendors who make internet sales made into their state.
43 of 45 states with a sales tax jumped on the idea.
“Only us and Missouri. We are falling behind the times and its not fair for anyone in our state,” said Senator Joe Grutuers, who is sponsoring the Senate bill.
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by mike vasilinda | capital new service
October 15, 2019