Connect with us
img

Favorite News

Amazon owes South Carolina for third-party sales taxes, court rules

Amazon owes South Carolina for third-party sales taxes, court rules

BUSINESS NEWS

Amazon owes South Carolina for third-party sales taxes, court rules

Associated Press

Published 2:19 PM EDT Sep 11, 2019

COLUMBIA, S.C. – A court ruling in South Carolina says online retailer Amazon owes the state likely millions of dollars in sales taxes from other vendors who use the company’s website.

The South Carolina Administrative Law Court ruled Tuesday that Amazon has the responsibility to collect taxes due from transactions made through its website.

The State newspaper reported Amazon had argued the third-party retailers were responsible for paying the taxes.

The ruling says the state Revenue Department will determine how much Amazon should pay.

South Carolina lawmakers tried to clarify the situation with a law passed this year specifying that retailers must collect sales taxes from third-party vendors who sell to shoppers in the state.

Amazon says it disagrees with the ruling, but appreciated the new law in South Carolina.

How we ditched $300,000 of debt in 3 years: Small wins help achieve a big dream


Source link

Continue Reading
You may also like...
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

More in BUSINESS NEWS

To Top
error: Content is protected !!