Post by Logan on Jan 27, 2017 3:38:17 GMT -6
The tax break for Amazon users who live in Missouri is coming to an end.
Amazon will begin collecting the state's 4.225 percent sales tax on February 1, the company told the St. Louis Post-Dispatch.
Missouri is one of a shrinking number of states where Amazon does not have a physical presence. The absence of a distribution center within Missouri's borders has allowed residents to avoid paying state and local sales taxes on Amazon purchases. The brick-and-mortar exception stems from a 1992 U.S. Supreme Court decision.
Earlier this month, Amazon announced plans to add 100,000 full-time workers in the U.S. over the next 18 months. The decision to begin collecting state sales taxes suggests a place for Missouri in the company's expansion plans.
Read more: www.pitch.com/news/article/20850123/amazon-will-start-charging-sales-tax-in-missouri
Amazon will begin collecting the state's 4.225 percent sales tax on February 1, the company told the St. Louis Post-Dispatch.
Missouri is one of a shrinking number of states where Amazon does not have a physical presence. The absence of a distribution center within Missouri's borders has allowed residents to avoid paying state and local sales taxes on Amazon purchases. The brick-and-mortar exception stems from a 1992 U.S. Supreme Court decision.
Earlier this month, Amazon announced plans to add 100,000 full-time workers in the U.S. over the next 18 months. The decision to begin collecting state sales taxes suggests a place for Missouri in the company's expansion plans.
Read more: www.pitch.com/news/article/20850123/amazon-will-start-charging-sales-tax-in-missouri