Post by Logan on Feb 27, 2017 18:50:10 GMT -6
Bill to prompt Arkansas consumers to pay Internet sales tax advances
LITTLE ROCK — A bill that would require Internet sellers to tell their Arkansas customers they owe taxes on their purchases cleared a Senate committee Wednesday.
In a voice vote that was not unanimous, the Senate Revenue and Taxation Committee gave a "do pass" recommendation to House Bill 1388 by Rep. Dan Douglas, R-Bentonville. The measure is one of two different proposals in the Legislature aimed at collecting sales taxes on Internet purchases.
Under Douglas' bill, which passed in the House earlier this month in a 54-26 vote, a seller that is based out of state and has no physical presence in Arkansas would be required to notify every Arkansas customer at the time of a purchase that under existing Arkansas law, the customer is required to pay the state a consumer use tax on Internet purchases.
Failing to provide the notification at the time of a purchase could be punished with a fine of $5 for each failure to provide notice.
Read more: www.swtimes.com/news/20170223/bill-to-prompt-arkansas-consumers-to-pay-internet-sales-tax-advances
LITTLE ROCK — A bill that would require Internet sellers to tell their Arkansas customers they owe taxes on their purchases cleared a Senate committee Wednesday.
In a voice vote that was not unanimous, the Senate Revenue and Taxation Committee gave a "do pass" recommendation to House Bill 1388 by Rep. Dan Douglas, R-Bentonville. The measure is one of two different proposals in the Legislature aimed at collecting sales taxes on Internet purchases.
Under Douglas' bill, which passed in the House earlier this month in a 54-26 vote, a seller that is based out of state and has no physical presence in Arkansas would be required to notify every Arkansas customer at the time of a purchase that under existing Arkansas law, the customer is required to pay the state a consumer use tax on Internet purchases.
Failing to provide the notification at the time of a purchase could be punished with a fine of $5 for each failure to provide notice.
Read more: www.swtimes.com/news/20170223/bill-to-prompt-arkansas-consumers-to-pay-internet-sales-tax-advances