Amazon planning nationwide sales tax collection starting April 1
March 24, 2017
Amazon (NASDAQ:AMZN) will start collecting sales taxes from all states with a sales tax beginning April 1, 2017. After April, the only states in which AMZN will not collect taxes are Alaska, Delaware, Oregon, Montana and New Hampshire, which do not have sales levies. Many shoppers do not realize that even if an online retailer does not assess a sales tax because it lacks a brick-and-mortar location in their home state, the state may require payment of taxes on a purchase. States that assess use taxes, which apply to items bought outside one's state of residence, provide ways to report the tax but the reality is that most have been lax in collection.
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