Hoosiers may be required to pay a 7-percent sales tax on top of their Amazon purchases starting July 1 if a proposed House bill is adopted.
The bill moves up by six months a deal Gov. Mitch Daniels struck a year ago with Amazon for the online retailer to begin adding the 7-percent tax onto purchases by Hoosiers beginning in 2014.
House Bill 1007 calls for online retailers with a presence in Indiana to begin collecting sales taxes, just as brick-and-mortar retailers are now required to do.
Rep. Tom Dermody, R-LaPorte, said the bill could generate an additional $77 million in tax revenue for the state. Currently, consumers are required to report their online purchases and pay the tax themselves—but few do.
Moving the deadline up by six months would allow the state to capture taxes from online purchases made during the busy holiday shopping season.
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House Bill 1007 calls for online retailers with a presence in Indiana to begin collecting sales taxes, just as brick-and-mortar retailers are now required to do.
Rep. Tom Dermody, R-LaPorte, said the bill could generate an additional $77 million in tax revenue for the state. Currently, consumers are required to report their online purchases and pay the tax themselves—but few do.
Moving the deadline up by six months would allow the state to capture taxes from online purchases made during the busy holiday shopping season.
...
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