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On October 26, 2012, Amazon reached an agreement with the Arizona Department of Revenue to pay $53 million to settle unpaid sales taxes. Furthermore, effective February 1, 2013, Amazon agreed to begin collecting sales taxes for goods sold to Arizonans.
Once exempt from most state and local sales taxes, Amazon.com Inc. (NASDAQ: AMZN) now collects the taxes in at least nine states, including New York, Texas, California, and Massachusetts. Some ...
Amazon.com bears are clinging to the notion that as more states begin to collect online sales taxes, the e-commerce titan's price advantages relative to traditional bricks-and-mortar retailers ...
Andrew Yates/AFP/Getty Images So by now you've probably heard: Amazon.com (AMZN) is collecting sales tax. For years, pundits have predicted that the rank unfairness of online retailers like Amazon ...
In a move designed to level the playing field for local retailers on the cusp of the make-or-break holiday selling season, Massachusetts is maneuvering to collect state sales tax from e-tailing ...
The highest sales tax in Washington is on liquor. The spirits sales tax is 20.5% of the value of the product purchased [215] and a $3.7708 per liter spirits liter tax is assessed on spirits sold to consumers. [216] 1 April 2008 saw tax increases in King County (+.001), Kittitas County (+.003), Mason County (+.001), and the city of Union Gap ...
The tentacles of Amazon are long, and many states that are suffering tax income shortfalls are itching to squeeze some money out of their state residents' online purchases from the behemoth. The ...
As states grapple with increasingly squeezed budgets, one simmering battle -- trying to collect sales taxes from retailing behemoth Amazon (AMZN) -- has heated up considerably over the past year.