Archive for Sales Tax
Waiting on the Bill
Senator Durbin hasn’t introduced his national sales tax bill–his Main Street Fairness Act, which would allow states to charge sales tax on companies without a physical presence in the state–but the debate over sales tax continues to rise. Two states, Arizona and California, are now considering affiliate tax bills, like those already in effect in [...]
Sales tax, sales tax, sales tax
A few weeks ago Illinois became the fourth state to try to find a way to collect sales tax from online retailers like Amazon. To do so, the General Assembly passed a copy of a law first passed in New York in 2008. Under a 1992 Supreme Court ruling a state can only collect sales [...]
Details on the new “Amazon” Tax
One day before it would have become law automatically without his signature (if the Governor doesn’t act on a bill within 60 days it becomes law automatically) Governor Quinn signed the internet affiliate tax bill into law that first arrived on his desk in early January. The new law goes into effect July 1 of this [...]
A brief history of internet sales tax
In 2008 New York passed a law requiring Amazon and other online retailers to charge New York customers sales tax. For years, online retailers have largely escaped having to charge sales tax. Since the New York law passed and Amazon brought suit against it, the issue of internet sales tax has grown. Especially now [...]
Sales Tax
As one might expect, the state tends to take tax evasion pretty seriously. In August six gas station owners were indicted of sales tax evasion by the Attorney General of Illinois. This was part of a long ongoing probe of gas stations and tax compliance in Illinois which has already recovered $13 million from 66 [...]
Sales Tax Audits
In August the Illinois Attorney General’s Office announced six indictments related to unpaid sales taxes. The individuals indicted were all gas station owners. This was the latest series of indictments to come out of an investigation that has been underway since 2008. Since then IDOR reports it has colleted nearly $13 million in unpaid taxes [...]