Barbour backs plan to tax online, catalog sales
Published: December 5,2011
Barbour expressed support in a letter last week.
One estimate shows that Mississippi and its local governments will lose more than $300 million in 2012 because such retailers do not collect the state’s 7 percent sales tax. Consumers are supposed to pay use taxes on their state income tax returns, but few do.
The federal bill sets conditions for states to collect the taxes, including providing software and services to Internet and catalog retailers. It could also require Mississippi to direct local sales tax revenue to the place where merchandise or services are delivered. Now, law credits the tax to the place where a business is based.
To sign up for Mississippi Business Daily Updates, click here.
2 Responses to “Barbour backs plan to tax online, catalog sales”
FOLLOW THE MBJ ON TWITTERMy Tweets
Top Posts & Pages
- David Duval, former British Open winner, joins Sanderson Farms field
- Court rules against Greenwood councilwoman; must give up office
- NEW IN MADISON COUNTY — Mississippi Bio-Medical Business Collaboratory to be introduced Friday
- Alcorn president launches new customer service task force
- Cochran continues to reach out to African American voters
- Turner Grain’s bankruptcy will help consolidate lawsuits alleging breach of contract
- Hole-by-hole look at Sanderson Farms Championship course at CCJ
- ‘Little Boogaloo’ Eden Brent happy singing the blues
- Senators write letter over Waters of the United States proposal