Amazon.com to Collect Connecticut Sales Taxes

Thursday, February 7th, 2013

 
 
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Connecticut
General

Connecticut Governor Dan Malloy announced an agreement with Amazon.com. Under the agreement, Amazon will begin charging and collecting Connecticut sales tax on its online sales to Connecticut residents in November, in time for most holiday shopping. Governor Malloy estimates that this will bring in $15 million per year in revenue.

In addition, Amazon has agreed to build a new distribution facility in Connecticut. Amazon has not yet chosen a site for the proposed facility. Governor Malloy hopes that this will create new jobs.

This agreement between Connecticut and Amazon is meant to end a lawsuit over the collection of past sales taxes.


About TTR

Transaction (buying or selling things), Tax (the tax on this activity), Resources (our people, our website, our support services) - TTR, Inc.

TTR has a website that companies subscribe to and use daily. This website provides a list of everything that can be bought or sold in the U.S. It provides simple answers to whether buying or selling these items is taxable (subject to a sales tax or other tax), and it provides all the legal authority to support these tax answers.

TTR likes to keep things simple and fun, which is why it has great people who provide help to clients on any support questions they have about transaction tax issues.

Please visit TTR on the web at www.ttrus.com or call 866.578.8193.

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