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On Line Sales Tax May Come To Indiana

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internet sales tax
internet sales tax

Two lawmakers say they plan to introduce legislation in the New Year that would require Amazon.com and other online-only retailers with a presence in Indiana to begin collecting sales tax on July 1, 2013, six months earlier than a deal brokered by Gov. Mitch Daniels last January. Proponents say that it would level the playing field for internet and brick and mortar stores.

 Indiana Fiscal Policy Institute and Ball State University researcher’s estimates the state "loses" about $77 million a year in sales taxes not collected on Internet purchases.

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