Tagged: Amazon

Update at 7:00 p.m.:

The Senate has passed the Marketplace Fairness Act by a vote of 69 to 27, The Associated Press reports.

Here's our original post:

The Senate is expected to approve a measure on Monday that would end tax-free shopping for online purchases, a move that concerns many e-retailers but has the support of the states that stand to collect billions in previously lost revenues.

Ordering the most recent Jodi Picoult novel or maybe a nice throw blanket on Amazon?

Now you can get a robust, full-bodied cabernet to complement them both.

Today, Amazon opened up their wine delivery service up to the Lone Star state, offering over 350 wines and 2,200 labels from across the world.

Online retail giant Amazon.com began charging Texas sales tax this weekend. But that doesn’t mean everything you buy through the site will be taxed.

While most products on Amazon are sold by, well, Amazon, Wikipedia notes that as of 2007, the site had over 1.3 million third-party sellers and associates. And Amazon says it’s up to those sellers to determine whether they need to charge the tax.

“Third party sellers that use our platform must determine their tax collection requirements based on their individual circumstances,” Amazon Corporate Communications spokesperson Scott Stanzel tells KUT News.

In less than 48 hours, online retailer Amazon.com will start charging Texas sales tax on products you buy from its site.

Texas will become only the sixth state to charge sales tax on Amazon purchases. The switch comes after an agreement was made between the Texas Comptroller’s office and the online retailer. In 2010, the comptroller’s office claimed Amazon owed the state $269 million in uncollected sales tax. Under the new agreement, Amazon will create at least 2,500 jobs  in the state and will also bring at least $200 million in capital investment. 

For many brick-and-mortar operations the move will level the playing field. Jason Brewer is with the Retail Industry Leaders Association, a national trade group.