Post Tagged with: "Amazon"

BRIEF: State says Amazon owes $57 million in uncollected sales taxes

BRIEF: State says Amazon owes $57 million in uncollected sales taxes

By Lindsay Street, Statehouse correspondent  |  South Carolina estimates that $57 million is missing from its coffers because retail giant Amazon failed to collect sales tax from third-party sellers. Amazon has disputed the claim, saying third-party vendors are responsible for any sales tax owed on those sales.

In a motion filed Wednesday with the S.C. administrative law court, the S.C. Department of Revenue (SCDOR) said that Amazon was responsible for collecting sales tax from all sales through its site, and that it has “selectively chosen to collect and remit on only some of its sales,”  costing the state out of millions over the last two years since a sales-tax exemption expired.

Previously, SCDOR only revealed a snippet of the alleged missing cash from 2016, saying Amazon failed to give the state $12 million in first quarter of 2016.

by · 11/10/2017 · News, News briefs
NEWS BRIEFS: On Amazon’s sales taxes; Legislators opposed to offshore drilling

NEWS BRIEFS: On Amazon’s sales taxes; Legislators opposed to offshore drilling

Staff reports | Amazon didn’t have to worry about paying taxes on South Carolina sales for five years thanks to the blessing of lawmakers of a controversial incentive package.  It allowed the retailer to escape state sales taxes until 2016. But when the online giant started collecting, South Carolina says Amazon came up short — about $12 million short in the first quarter of 2016. Also inside:

* A bipartisan group of 32 state legislators this month sent a sharply-worded letter opposing efforts to open offshore drilling and exploration for oil and gas along the Atlantic coast.

by · 08/17/2017 · News, News briefs