What Will The Online Sales Tax Bill Mean For You?

Congress is considering legislation that would give states the ability to require out-of-state retailers to collect sales taxes. If the measure passes, consumers would lose a loophole that has resulted in years of tax-free online shopping. Out-of-state merchants would have to collect statewide sales taxes on Internet, mail-order and other purchases - as well as any county and local sales taxes.

Topics:  online   sales tax   taxes   purchases   collect   out-of-state   
BING NEWS:
  • Marshall voters face decision on sales tax
    MARSHALL, Texas (KSLA) — Marshall, Texas, voters face a decision Saturday (May 4) on whether to reauthorize a sales tax to fund street maintenance. The sales tax at the rate of one-eighth of 1% is the ...
    04/28/2024 - 1:23 pm | View Link
  • Slidell voters overwhelmingly OK new sales tax for police
    Voters in Slidell approved a new sales tax for police on April 27. The sales tax, just over one-third of a cent, will replace two existing property taxes that had been dedicated to the police ...
    04/28/2024 - 5:30 am | View Link
  • Sales tax holiday weekend perfect time to stock up on emergency supplies
    NORTH TEXAS – It's just the start of the busy spring storm season in North Texas, and if you're not prepared with your batteries and other storm essentials yet, now is a good time to stock up. That's ...
    04/27/2024 - 5:27 pm | View Link
  • Texas Emergency Supplies Tax-Free Weekend is underway
    AUSTIN, Texas (KBTX) - In preparation for potential severe weather, Texas begins its Emergency Supplies Sales Tax Holiday Weekend. The event is from Saturday, April 27 through Monday, April 29th. That ...
    04/27/2024 - 4:54 pm | View Link
  • Chiefs owner says leaving Arrowhead Stadium is an option after sales tax funding was rejected
    The Kansas City Chiefs plan to explore options that include leaving Arrowhead Stadium after voters in Jackson County, Missouri, soundly rejected a sales tax initiative that would have helped to pay ...
    04/27/2024 - 11:11 am | View Link
  • More
BING SEARCH:
  • Online sales tax — what it is, when you need to collect it ...
    Ecommerce sales tax is a small percentage of a sales total that is automatically applied by an online retailer to cover taxes. A unique aspect of online sales tax is that it’s levied by the state where the product is sold, so ecommerce sales tax varies by state — with some exceptions. Do you have to collect sales tax for selling online?
    04/25/2024 - 11:15 pm | View Website
  • Online Sales Tax Guide By State for Ecommerce Sellers
    Determining economic nexus in each state is complicated and overwhelming for many ecommerce sellers, but our sales tax guide can help demystify the topic, and offer step by step guidelines for sellers to check their requirements.
    04/25/2024 - 10:18 pm | View Website
  • Ecommerce Sales Tax: Everything You Need to Know ...
    Ecommerce sales tax is the tax you charge and collect from your online customers. It’s a percentage of the price of the items you sell, and works similarly to the tax you’d charge your customer in a physical store. It’s also called “online sales tax” or “internet sales tax,” but it’s not a special tax reserved for sales that take place online.
    04/25/2024 - 8:30 pm | View Website
  • Sales Tax 101 for Online Sellers
    A seller needs to know the local tax rates and collect the tax from their customers. Many states that collect sales tax also exempt certain items—like food products—from taxation. When you are obligated to collect sales tax online. The basic rule for collecting sales tax from online sales is:
    04/25/2024 - 5:03 pm | View Website
  • A Guide for States That Require Internet Sales Tax
    Almost all U.S. states have online sales tax laws. Five states have no sales taxes, and Missouri will implement its sales tax law in 2023, at which time 45 states will have laws requiring online sellers to collect and pay sales taxes on taxable products and services. And 38 states' localities (cities and counties, for example) have local sales ...
    04/25/2024 - 10:00 am | View Website
  • More
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