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$242M in taxes lost in online sales
Retailers like Amazon cause State to lose revenue
Updated: Sunday, 15 Jul 2012, 3:43 PM EDT
Published : Sunday, 15 Jul 2012, 3:43 PM EDT
GRAND HAVEN, Mich. (AP) - Michigan's Treasury Department says the state will lose about $242 million in tax revenue next year from online retailers like Amazon.
States have trouble collecting sales taxes from sellers that lack a physical presence within their borders. Amazon owns Grand-Haven-based audio book publisher Brilliance Audio, but Treasury spokesman Terry Stanton says Michigan considers it a separate entity.
The Detroit Free Press reports that job listings suggest Amazon is planning a software development center in Detroit. That physical presence would give Michigan greater ability to collect sales taxes on Amazon sales to Michigan residents.
Amazon collects sales taxes for sales to residents of Kentucky, Nebraska, New York, North Dakota, Texas and Washington.
Laws requiring the collection of online sales taxes will take effect in California, Indiana, Nevada and New Jersey.
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