Georgia aims to collect more tax from online buys - Atlanta News, Weather, Traffic, and Sports | FOX 5

Georgia aims to collect more tax from online buys

ATLANTA (AP) - With changes in the tax law taking effect this month, Georgia intends to begin treating some online retailers the same way it treats those with stores here: by collecting sales tax.

Officials say that will mean that Georgians who avoid paying sales tax by buying online may now find that harder to do.

The Atlanta Journal-Constitution reports (http://bit.ly/QPCdz3) that the amount of money people spend online continues to grow steadily.

A 2009 study projected that Georgia would lose as much as $455.5 million in uncollected sales tax from online purchases in 2012.

Officials predict that collecting the tax from some web sellers that were not previously required to charge sales tax will add an estimated $18 million a year to the state's coffers.

 

Information from: The Atlanta Journal-Constitution, http://www.ajc.com

Copyright 2012 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Powered by WorldNow

1551 Briarcliff Rd., NE
Atlanta, GA 30306

Main Number: (404) 875-5555
News Tips: (404) 898-0100

Didn't find what you were looking for?
All content © Copyright 2000 - 2013 Fox Television Stations, Inc. and Worldnow. All Rights Reserved.
Privacy Policy | Terms of Service | Ad Choices