Online third-party vendors that have until this point avoided collecting and remitting Alabama sales taxes would be closer to being on the same level as brick-and-mortar retailers under a bill approved this week by a House budget-writing committee.
HB470 makes major reforms to Alabama’s Simplified Seller Use Tax, including requiring marketplaces to either remit use tax or report sales made through third-party vendors.
The bill maintains the current tax rate for remote sellers.
The Alabama Retail Association will continue to closely evaluate this legislation and keep you informed of its progress.
Meanwhile, the state’s General Fund budget is expected to be on the floor of the House on Tuesday, and the education budget could be debated Thursday in the Senate.
Keep reading for more on these and other issues that may relate to your business.
THIS WEEK IN RETAIL NEWS
$1,000 tax break for hiring combat and out-of-work veterans on governor’s desk (alabamaretail.org)
Governor next to consider compromise commercial property valuation bill (alabamaretail.org)
Data security legislation on way to the House (alabamaretail.org)
Bill mandates printing refund policy on receipts (alabamaretail.org)
Governor allows direct consumer petitions for sales tax refunds (alabamaretail.org)
Revised grease trap bill goes back to the Senate (alabamaretail.org)
Pharmacy business license cost reduction ready for Senate (alabamaretail.org)
A dozen local alcohol bills arrive on the governor’s desk (alabamaretail.org)
Brewery Sunday sales and entertainment district bills advance (alabamaretail.org)
House committee approves General Fund, state employee pay raise (montgomeryadvertiser.com)
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