Doing so would
require an exceedingly sophisticated approach to local
sales and use
tax collection that would allow these sellers to accurately capture all of the
sales tax on every transaction in compliance with every state's respective
sales tax rate.
To raise revenues, Cuomo proposed
requiring extending
sales tax collections on online
sales, imposing a surcharge on certain health insurers who received a windfall from federal
tax cuts, tapping hundreds of millions of dollars in proceeds from lawsuit settlements and raising
taxes «e-cigarettes» and
taxing opioids (2 cents per milligram prescribed to go to anti-addiction programs).
Cuomo also wants to «modernize» state
sales tax collections by
requiring online marketplaces like eBay and Amazon to collect
sales taxes on any transaction involving a buyer from New York.
Under the MFA, states would be
required to simplify their
sales tax laws in an effort to make multi-state collection easier, or can join the Streamlined Sales and Use Tax Agreement (SSUTA)-- a governing board that harmonizes the administration and collection of sales and use taxes among member states, of which 24 are currently mem
sales tax laws in an effort to make multi-state collection easier, or can join the Streamlined Sales and Use Tax Agreement (SSUTA)-- a governing board that harmonizes the administration and collection of sales and use taxes among member states, of which 24 are currently membe
tax laws in an effort to make multi-state
collection easier, or can join the Streamlined
Sales and Use Tax Agreement (SSUTA)-- a governing board that harmonizes the administration and collection of sales and use taxes among member states, of which 24 are currently mem
Sales and Use
Tax Agreement (SSUTA)-- a governing board that harmonizes the administration and collection of sales and use taxes among member states, of which 24 are currently membe
Tax Agreement (SSUTA)-- a governing board that harmonizes the administration and
collection of
sales and use taxes among member states, of which 24 are currently mem
sales and use
taxes among member states, of which 24 are currently members.