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Released: June 30, 2011
California tells online retailers to collect sales taxes
Source: Marc Lifsher, L.A.Times (Free Registration)
Shopping at Amazon.com Inc. and other major Internet stores is poised to get more expensive. Beginning Friday, a new state law will require large out-of-state retailers to collect sales taxes on purchases that their California customers make on the Internet — a prospect eased only slightly by a 1-percentage-point drop in the tax that also takes effect at the same time. Getting the taxes, which consumers typically don't pay to the state if online merchants don't charge them, is "a common-sense idea," said Gov. Jerry Brown, who signed the legislation into law Wednesday.Read Full Article: California tells online retailers to collect sales taxes
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