• Proposal in Congress could mean $20M for Vt.
    April 23,2013
    • Email Article
    •  Print Article
    The Associated Press

    MONTPELIER — Proposals being considered by Congress to require Internet retailers to charge state sales taxes could mean $20 million a year in revenue for the state of Vermont.

    Currently, Internet retailers don’t have to impose a state sales tax unless the company has a physical presence in the state.

    Vermont Tax Commissioner Mary Peterson tells Vermont Public Radio people who purchase items from e-retailers are supposed to pay the state sales tax, but they rarely do.

    Many small retailers have complained that this gives the Internet retailers an unfair price advantage and state officials are upset because they lose revenue.

    The U.S. Senate is set to vote this week on legislation requiring most e-retailers to include any applicable sales tax. There is a similar bill being considered in the House.
    • Email Article
    •  Print Article
    MORE IN This Just In
    Vermont State Police responded to a single vehicle crash on Interstate 91 southbound in Westminster. Full Story
    Object pierces man's windshield on Interstate 91
    At about 6 p.m. Sunday the Bennington Police Department responded to 2 Bank St. Full Story

    DANVILLE — From paved city streets to hilly dirt roads, runoff from Vermont’s... Full Story

    More Articles