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Home » California Starts Collecting Taxes on Internet Sales

California Starts Collecting Taxes on Internet Sales

September 19, 2012
The Los Angeles Times

New state and local government revenues from Amazon alone are expected to be as high as $100m during the first year of collection, with the total for all internet sellers reaching $317m in the year that began July 1. Much more money is expected to flow into government coffers in coming years as e-shopping expands.

California consumers are divided on the internet sales tax issue. Many who have avoided taxes in the past rushed to make last-minute tax-free purchases. "Definitely stocking up ... can't beat 8 percent or 9 percent savings," tweeted Patrick Chen, who identified himself on Twitter as an internet game developer.

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KEYWORDS e-commerce taxes in California Global Supply Chain Management High-Tech/Electronics Regulation & Compliance retail supply chain Supply Chain Management Value chain
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