Tuesday, January 10, 2012

Amazon agrees to "pay up" in the Hoosier State

Indiana's biggest online retailer, Amazon.com, Inc will begin paying sales taxes on Internet purchases in 2014, that could bring another $20-$25 million in yearly revenue to state coffers.
 Gov Mitch Daniels announced the deal Monday, that also settles a lawsuit filed against Amazon  by Simon Properties, that giant mall owner that has properties in Muncie, Indianapolis, and elsewhere in the country.
 "The only complete answer to this problem is a federal solution that treats all retailers and all states the same," said Daniels



Post a Comment

Twitter Delicious Facebook Digg Stumbleupon Favorites More

Powered by Blogger