Best Buy Praises New Laws that Tax Online Retailers



Via Twin Cities Business

Best Buy Company, Inc., on Tuesday announced its support of a new “e-fairness” law in California, which requires online retailers with a presence in the state to collect sales tax on purchases made by the state’s residents.

California Governor Jerry Brown announced on June 29 the signing of the bill, and it went into effect immediately. Online retailers are now required to collect sales tax if they use affiliate sellers or have substantial ownership of subsidiary companies or operations in the state. The tax is already collected by traditional brick-and-mortar retailers, some of which have argued that they were put at a disadvantage.”

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