Tags: florida | internet | tax

Florida Considers 'E-tax' on Internet Sales

Tuesday, 17 Jan 2012 12:09 PM

By Andra Varin

Florida is considering raising revenue by imposing a tax on online sales in the state, with three bills to introduce a so-called e-tax being discussed in Tallahassee. Under current law, only companies that have a physical presence — such as a store or a warehouse — in the state must pay Florida’s 6 percent sales tax.
 
Carla Jimenez, who owns a bookstore in Tampa, told The Miami Herald the law puts her at a disadvantage because it’s cheaper for customers to order online from out-of-state sellers, like Amazon.com.
 
“There’s not a day that goes by that we don’t have a potential customer come in and say ‘How much is that? Well, I can get it from Amazon for a cheaper price,’ ” she said. “They start every transaction with a price advantage.”
 
But people who do most of their shopping online would find that a new e-tax could cost them hundreds of dollars a year.
 
“You have two competing goals that are in direct conflict with one another, from a policy standpoint,” House Speaker Dean Cannon, a Republican from Winter Park, told the Herald.

© 2015 Newsmax. All rights reserved.

Around the Web
Join the Newsmax Community
Please review Community Guidelines before posting a comment.
>> Register to share your comments with the community.
>> Login if you are already a member.
blog comments powered by Disqus
 
Email:
Country
Zip Code:
Privacy: We never share your email.
 
Hot Topics
Follow Newsmax
Like us
on Facebook
Follow us
on Twitter
Add us
on Google Plus
Around the Web
Top Stories
You May Also Like

NASA Delays Soil Study Satellite Launch for 'Repairs'

Friday, 30 Jan 2015 09:20 AM

NASA has pushed back the launch of a satellite to study soil moisture to Saturday, so that it can perform minor repairs . . .

Economic Growth Slows as Business Investment Weakens

Friday, 30 Jan 2015 08:34 AM

U.S. economic growth slowed sharply in the fourth quarter as weak business spending and a wider trade deficit offset the . . .

Texas Rep. Tells Muslims at Austin Rally to Take Loyalty Oath

Friday, 30 Jan 2015 08:09 AM

As hundreds of Muslim Texans faced a barrage of protesters during a rally at the state capital, a state lawmaker sparked . . .

Most Commented

Newsmax, Moneynews, Newsmax Health, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, and Newsmax World are trademarks of Newsmax Media, Inc.

 
NEWSMAX.COM
America's News Page
©  Newsmax Media, Inc.
All Rights Reserved