Local

Mass. To Begin Collecting Sales Tax From Amazon

View Comments
(Photo credit: KAREN BLEIER/AFP/Getty Images)

(Photo credit: KAREN BLEIER/AFP/Getty Images)

Get Breaking News First

Receive News, Politics, and Entertainment Headlines Each Morning.
Sign Up
Money & Finance

 

BOSTON (AP) — Massachusetts residents have only a few days of tax-free shopping left on Amazon.com.

Beginning Friday, the state will apply its 6.25 percent sales tax to purchases made from Amazon, though the tax will not apply to third-party vendors who use the site.

The state reached an agreement with Amazon last year. Owners of traditional “brick and mortar” stores have long complained of being at a competitive disadvantage to online retailers who are not required to collect sales taxes.

State revenue officials tell The Boston Globe the tax on Amazon purchases is expected to raise nearly $37 million for the state in the current fiscal year.

A group representing brick and mortar businesses in Massachusetts has called for a federal law requiring states to collect sales taxes from all online retailers.

Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

MORE LOCAL NEWS FROM CBS BOSTON
View Comments
blog comments powered by Disqus
Follow

Get every new post delivered to your Inbox.

Join 2,050 other followers