Home About Archives RSS Feed

Amazon to Collect Massachusetts Sales Tax Next Year

BOSTON — Massachusetts residents will have to pay a little more next holiday season for their online purchases.

Gov. Deval Patrick and Amazon announced on Tuesday an agreement for the online retail giant to collect and remit state sales taxes beginning next Nov. 1. According to the press statement, Amazon also plans to create hundreds of high-tech jobs in Massachusetts in coming years.

Online retailers for years have been under pressure to collect state sales taxes even if they don't have a physical presence in the state. Brick-and-mortar merchants say Web retailers failure to collect taxes puts them at a disadvantage, states that they're losing billions in revenue.

The Congressional Research Service says states lost some $8.6 billion in tax revenue in 2010 alone.

Amazon already collects sales taxes for California, Kansas, Kentucky, New York, North Dakota, Pennsylvania, Texas and Washington. Massachusetts and five other states will be added in the next couple years.

"We are thankful Amazon was willing to come to the table and we will continue our conversations with them about creating jobs here," said Patrick in a statement. "This agreement is a win for all sides, and I am pleased it promises to generate millions in long-term revenue for the commonwealth."

Patrick and Amazon officials reiterated support for federal legislation to resolve the sales tax issue. The Supreme Court in 1967 determined that collecting sales tax would place an undue burden on what were then catalog sales but technology has vastly changed the remote retail industry.

"We appreciate Governor Patrick's commitment to Massachusetts jobs and investment and his support for legislation now before Congress that would provide a final resolution to the sales tax issue," said Paul Misener, Amazon vice president of global public policy. "We look forward to creating hundreds of high tech jobs in Massachusetts and continuing to work with Governor Patrick, state leaders, retailers and Congress to pass federal legislation permitting interstate sales tax collection."
 

10 Comments
     
News Headlines
MCLA Women, Men Lose at Salem State
Williams Men's, Women's Hockey Win
Williams Lego Challenge 'Bridges' Math, MLK, Charity
SVMC Expands Program for Patients with Chronic Lung Disease
Annual Father Daughter Dance Set for Feb. 21
Cultural Pittsfield This Week: Feb. 5-11
Public Forum Set on Mount Greylock Building Project
Adams Continues Strategic Planning Process
Election 2016: Presidential Primary Voting
Clarksburg Resumes Search for Town Accountant

 


Bill Schmick separates the bull from the bears in his weekly columns on investing and market wrap-ups.



Categories:
advertising (10)
agriculture (1)
arts (7)
automotive (5)
awards (16)
banking (41)
Beacon (1)
broadband (1)
business (52)
chamber (25)
closing (5)
development (23)
dining (5)
domestic animals (2)
energy (6)
entertainment (2)
federal (4)
finances (5)
food (5)
fundraiser (3)
green (2)
grocery (5)
hospitality/hotel (5)
housing (0)
insurance (3)
investment (6)
jobs (35)
labor (17)
laws (4)
Legislature (3)
manufacturing (9)
media (8)
medical (4)
networking (33)
new (22)
pricing (1)
projects (2)
promotion (6)
publishing (13)
radio (2)
real estate (8)
retail (29)
technology (13)
training (5)
transportation (1)
volunteer (1)
website (2)
wholesale (7)
workshops (6)
Archives:
July 2015 (1)
Tags:
Wmeco Qualprint Crane & Co. Expansion Statistics Sabic Sales Tax Unemployment Flood Auction Berkshire Enterprises Walmart Store Opening Gas Prices Breakfast Currency Berkshire Chamber Of Commerce Adams Pittsfield Berkshire Living Talkberkshires Williamstown Statistics Excelsior Small Business Bj's Great Barrington Merger Jobs Baldwin Berkshire Creative Unemployment State North Adams Social Media
Popular Entries:
Berkshire Jobless Rates Drop
Bay State Continues to Add Jobs
Excelsior Brings Greeting Card Co. To North Adams
White Hart Inn For Sale for $5M
Williamstown Chamber Seeks Input on Future Role
New Dog Training Center Open in North Adams
Storey Publishing to Host Next Creative Challenge
Aladco Installs New 'Green' Washing Machine
Covanta's Pittsfield Facility Gets High Marks from OSHA
Adams Co-Op, South Adams Bank Merger Approved
Recent Entries:
Biz Briefs: Mr. Tire, Tax Holiday, Business Directory
Berkshire Eagle Parent Mulling Newspaper Sales
Digitial First Puts Vermont News Buildings on the Market
Berkshire Chamber, Neal Hosting Facebook for Business Workshop
Winstanley Wins Big at Annual ADDY Awards
Eggs & Issues Event Focuses on Rail Cars, Development
State Unemployement Rate Drops Slightly
New Biotech Firm Setting Up in Pittsfield
Crane Museum Opens Retail Store
License Commission Approves River Street Package Move