Governor Mitch Daniels announced Indiana has reached an agreement with Amazon.com, the state’s largest online retailer, to start collection sales tax on online purchases.
Indiana is the fourth state to reach the agreement with Amazon. Daniels said he will continue to push for federal action to fairly address the issue of internet sales tax.
“The only complete answer to this problem is a federal solution that treats all retailers and all states the same,” said Daniels. “But for now, Amazon has helped us address the largest single piece of the shortfall, and we appreciate the company working with us to find a solution.”
Amazon will now voluntarily begin collecting and remitting Indiana sales tax beginning January 1, 2014 or 90 days from the enactment of federal legislation, whichever is the earlier date.
The Department of Revenue estimates the revenue from sales tax remittal by Amazon would be approximately $20 to $25 million per year.
State reaches sales tax agreement with Amazon.com
Indiana is the fourth state to reach the agreement with Amazon.
-
-
-
Comments1
Rep. Jeff Espich with Governor Mitch Daniels and an Amazon representative |
Indianapolis
-
-
-
1
Featured Stories
Comments (1)
Add / View comments | Discussion FAQ
Sleepless in Indy at 5:16 PM January 09, 2012
The Tax Man wins once again! Once again - the consumer is on the loosing end. Also - does the State of Indiana need more money or to get bigger - yet?
