Tax & Accounting Blog

South Carolina Bill Would Provide Big Tax Break for Amazon

South Carolina Bill Would Provide Big Tax Break for Amazon

H4091/s0808 were introduced in the South Carolina Legislature on Wednesday. The companion bills, if passed, would settle the dispute in the state over whether or not Amazon will be required to collect retail sales taxes on goods handled at a distribution facility currently under construction in Lexington County. At the time state economic development leaders … Read More

Connecticut Latest to Consider an Amazon Tax

Connecticut Latest to Consider an Amazon Tax

Connecticut has officially joined the ranks of states considering an Amazon Tax. The Finance, Revenue and Bonding Committee voted 38-14 on Thursday to adopt HB6624, an  “Amazon Law” patterned after a similar bill enacted in New York three years ago. If the legislation is passed as introduced the definition of retailer would be … Read More