Amazon Tax Bill Passes State Assembly
Tuesday, May 31, 2011 | Updated 5:32 PM PDT
The state of California could collect more than $1
billion a year by taxing Amazon and other online retailers if a bill
approved by the Assembly becomes law.
Assemblyman Charles
Calderon, a Democrat from Whittier, says his legislation doesn't impose a
new sales tax, but extends one that California should already have been
enforcing.
AB155 passed, 47-16, with the support of one GOP lawmaker Tuesday. It now heads to the Senate.
Other Republicans rejected
the bill because they said it would invite lawsuits, drive business out
of California, and get the state entangled in the messy task of
regulating the Internet.
The measure extends the
sales tax to online companies that have a presence in the state,
including those that work with sister companies with offices in
California.
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