Internet Commerce and State Sales and Use Taxes
Description:
State governments rely on sales and use taxes for approximately one-third (32.3%) of their total tax revenue – or approximately $174 billion in FY2000. Local governments derived 16.4% of their tax revenue or $51.6 billion from local sales and use taxes in FY1999. Both state and local sales taxes are collected by vendors at the time of transaction and are levied at a percentage of a product’s retail price. Alternatively, use taxes are not collected by vendors if they do not have nexus (loosely d…
more
Date:
January 18, 2002
Creator:
Maguire, Steven
Item Type:
Refine your search to only
Report
Partner:
UNT Libraries Government Documents Department