Tags: Amazon.com Inc | tax | California

Report: Amazon in Deal with Legislators Over Tax Law

Thursday, 08 Sep 2011 10:08 AM

Amazon.com Inc is in a deal with legislators to avoid a ballot battle over the state's insistence that the online retailer collect state sales tax on purchases by Californians, the LA Times said.

Amazon would delay collecting taxes until September next year, the paper said, citing multiple sources directly involved in the matter.

An Amazon spokeswoman declined to comment on the LA Times report to Reuters.

Amazon spent $5 million in collecting signatures for a referendum challenging a new state law, which mandated that it collect fees starting this past July, LA Times said.


© 2017 Thomson/Reuters. All rights reserved.

   
1Like our page
2Share
Companies
Amazon.com Inc is in a dealwith legislators to avoid a ballot battle over the state's insistencethat the online retailer collect state sales tax on purchases byCalifornians, the LA Times said.Amazon would delay collectingtaxes until September next year, the paper said,...
Amazon.com Inc,tax,California
94
2011-08-08
Thursday, 08 Sep 2011 10:08 AM
Newsmax Inc.
 

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
MONEYNEWS.COM
© Newsmax Media, Inc.
All Rights Reserved