//FL Senate Committee OKs Online Sales Tax Bill

FL Senate Committee OKs Online Sales Tax Bill

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money onlineIf you’re like most people these days, a good amount of your shopping is done online. Whether it be Amazon, eBay, or any other online retailer…there’s one thing that’s always missing at ‘checkout’- sales tax.

However, a Florida Senate committee on Thursday pushed through a bill that would mandate online retailers to collect sales taxes on any items shipped to the Sunshine State.

State lawmakers estimate the tax could raise $400M in revenue each year. The non-partisan  Florida TaxWatch says the legislature will only pass the bill if the money eventually ends up back in taxpayers’ hands.

Read more from WCTV here.