First appeared in Up North Live
Governor Rick Snyder is set to deliver his state of the
state address -- and many retailers hope that this year he takes action on a
bill that would close a tax loophole on online sales.
If you shop online, chances are you're probably breaking the
law. That's because internet retailers like Amazon.com don't collect Michigan's
6% sales tax. They don't have to, but you are legally obligated to pay it.
The loophole is something many local businesses want
changed.
Horizon Book Sales Manager, Amy Reynolds says it puts them
at a competitive disadvantage.
By forcing internet retailers to charge the sales tax it
could also bring millions of much needed revenue to Michigan.
The legislation would require online businesses to offer a
link to another website where the buyer would make purchases and the internet
store could then collect the taxes.