Steuben lawmakers support sales tax reform - Hello Friends New News, In the article you read this time with the title Steuben lawmakers support sales tax reform, We have prepared this article well for you to read and take the information in it. Hopefully the contents of the post Artikel IFTTT, Artikel Wellsville Regional News (dot) com, Which we write you can understand. Okay, happy reading.

Judul : Steuben lawmakers support sales tax reform
link : Steuben lawmakers support sales tax reform

Steuben lawmakers support sales tax reform

Steuben County Legislature Chairman Joe Hauryski

BATH - A state proposal which could increase local revenues and support “buy local” initiatives has been strongly endorsed by Steuben County Legislature Chairman Joe Hauryski, R-Campbell. The “Internet Fairness Conformity Act” calls for the state to collect sales tax from third-party sellers available on large Internet marketplaces, regardless of the seller’s geographical location.

“This will not increase the sales tax charged in Steuben, which will remain at 8 percent,” Hauryski said. “Instead, it will level the playing field for our small retailers who legally must pay sales tax. It will adjust the inequality in the sales tax system and bring sizable revenues into our county.” According to the New York State Association of Counties, a total of $160 million in sales taxes could be collected during the first year for counties across the state from out-of-state vendors who sell through online retailers such as Amazon.com and Etsy. This is not a new tax, it simply applies the same tax requirements on out-of-state vendors. For Steuben -- which draws roughly 16 percent of its annual revenues from sales tax collections -- the increase in online sales tax collections would help to stabilize property taxes. The plan also adds revenues for municipalities in Steuben, which receive a portion of sales taxes distributed to the county. Hauryski said the act also benefits local merchants by imposing the same sales tax on out-of-state sellers. “I strongly encourage people to buy local goods and to support local merchants and small firms. I just as strongly support any and all efforts to level the playing field for retailers when it comes to taxes,” he said. “I call upon our state representatives to do all they can to ensure this important act is passed.”

from Wellsville Regional News (dot) com https://ift.tt/2pBaUjf
By New News

Such is the article Steuben lawmakers support sales tax reform

That's an article Steuben lawmakers support sales tax reform This time, hopefully can benefit for you all. Well, see you in other article postings.

You are now reading the article Steuben lawmakers support sales tax reform With link address https://njuas.blogspot.com/2018/03/steuben-lawmakers-support-sales-tax.html

Tweet

Subscribe to receive free email updates: