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Streamline Sales Tax

April 9th, 2010 by flanews

Florida loses an estimated one billion dollars each year in uncollected taxes on internet sales. Florida TaxWatch, business groups, social service advocates and lawmakers from both parties want to change Floridas tax code to give the state a better shot at collecting the lost revenue. Representative Michelle Rehwinkel Vasilinda, a Democrat, and Senator Evelyn Lynn, a Republican, are sponsoring legislation that would the bring Floridas tax code into compliance with that of more than 20 other states to make it easier for shoppers to know whats owe.

We could immediately, if we pass this, this year, we can start collecting next year, when we run out of stimulus money, we could start collecting 40 million dollars a year, thats absolutely imperative to our state, said Lynn.

Tax is collected on internet sales by companies with one or more offices located in Florida, but if you buy something from stores like Ebay or Amazon.com you have to download a tax from the Department of Revenues website fill it out and send in your tax money.

Posted in State Budget, State News, Taxes | No Comments »

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