Staff Analysis of the Legislation
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SUMMARY:
LC 43 1174
Would lower the sales amount on which an out of state vendor must collect sales tax on from $250,000 to $100,000. Currently vendors must either collect the sales tax, or send the purchaser and the Department of Revenue annual notice of those purchases. This bill would require that vendors would remit all sales tax to the Department of Revenue and eliminate the need for the notice.
EFFECTIVE DATE: January 1, 2020, if passed. |