Internet sales tax clears committee | Arkansas Blog

Tuesday, March 29, 2011

Internet sales tax clears committee

Posted By on Tue, Mar 29, 2011 at 10:42 AM

SB 738, the bill that makes a stab at collecting sales tax on goods sold on the Internet, cleared a House committee today on a voice vote, putting it in position for passage.

It will require affiliates of Internet retailers — say an Arkansas website that provides Amazon links — to collect the sales and use tax on goods purchased in Arkansas. It's not a perfect solution to ending the unfairness that exists because of the free ride Internet sellers have enjoyed, but until federal legislation can be passed, it's going to be an increasing trend in the states.

In theory, "use" taxes are owed on all purchases made on the Internet, at whatever rate applies in the place where the item is delivered. Needless to say, hardly anyone voluntarily remits it. The flight of retail to the Internet has had consequences not only for tax revenue, but for the "bricks-and-mortar" retailers. Though this battle has been cast as a fight for "Main Street," Walmart is the single biggest player in the battle to assess a web tax. It sells on the web, too. But because it has stores in every state — a so-called nexus — it must collect the sales tax on its Internet sales, while Amazon and similar often do not.

Tags: , , ,


Favorite

Comments (17)

Showing 1-17 of 17

Add a comment

 
Subscribe to this thread:
Showing 1-17 of 17

Add a comment

More by Max Brantley

Readers also liked…

  • Among the last words from Kenneth Williams: 'Finger Lickin' Good Fried Chicken'

    What's purported to be a final-words essay from condemned prisoner Kenneth Williams was distributed today by Deborah Robinson, a freelance journalist in Arkansas.  He reflects on his execution, his victims, reactions of inmates and big servings of fried chicken, which he says are given to all inmates on execution days.
    • Apr 27, 2017
  • Baseball fans have a new place to stay

    If you missed out on Razorback baseball home games this year because you couldn’t find a great place to stay, your problem is now solved: Staybridge Suites of Fayetteville is now fully renovated and located directly across from Baum Stadium, with free parking for hotel guests.
    • May 22, 2017
  • Is Arkansas in or out on Kobach voter data effort?

    The Washington Post has published a map that counts Arkansas as among states that will "partially comply" with a sweeping request for voter data by the so-called election integrity commission set up by Donald Trump in an effort to cast doubt on Hillary Clinton's 3 million-vote popular defeat of him in 2016.
    • Jul 2, 2017

Slideshows

  • Arkansas vs Ole Miss at War Memorial stadium in Little Rock, Saturday, Oct. 13, 2018. After leading for much of the game, Arkansas lost 37-33 when Ole Miss scored the game winning Touchdown with less that 2 minutes left. 
  • Margaret Clark Adventure Park
    New sculptures, preschoolers play area dedicated in Riverfront Park in Little Rock.

Most Recent Comments

 

© 2018 Arkansas Times | 201 East Markham, Suite 200, Little Rock, AR 72201
Powered by Foundation