Local merchants who offer delivery service are dealing with a new tax law, seven years in the making, which took effect in Arkansas Jan. 1, 2008. It is referred to as the streamlined sales and use tax agreement and was developed by the state Department of Finance and Administration.
State Rep. Johnnie Roebuck said the law first took effect in 2005 (four years after it was introduced), but continues to be updated. Local merchants who offer delivery services say the new law causes significant bookkeeping difficulties.
According to Arkadelphia City Director James Calhoun, the federal government is urging states to get in line with the streamlined sales tax in order to start collecting local sales tax on Internet purchases. About half the states have complied with the request.
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State Rep. Johnnie Roebuck said the law first took effect in 2005 (four years after it was introduced), but continues to be updated. Local merchants who offer delivery services say the new law causes significant bookkeeping difficulties.
According to Arkadelphia City Director James Calhoun, the federal government is urging states to get in line with the streamlined sales tax in order to start collecting local sales tax on Internet purchases. About half the states have complied with the request.
Read More Article...
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