Posts Tagged ‘online sales tax’

Barbour backs plan to tax online, catalog sales

JACKSON — Mississippi Gov. Haley Barbour is now backing a congressional proposal to allow states to directly collect sales taxes from Internet and catalog merchants. 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 […] [...]

Forcing online sales tax collections would entail revamp of state system

Forcing online retail giants like Amazon and Overstock to collect sales taxes from customers would require a tradeoff that Mississippi is not yet prepared to make. On one hand, the state could gain in the neighborhood of $300 million annually. But on the other, it would need to revamp its sales tax system to meet […] [...]

Read the October 31st issue of the MBJ online

In this week’s MBJ — ONLINE SALES TAX: Ted Carter takes a look at how much money Mississippi is leaving on the table by not taxing online sales. You may be shocked at the number. Also in this week’s paper: >> REVAMPING THE SYSTEM: Changing tax law to accommodate sales tax an issue that could […] [...]

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