Incentives Watch: Another State Makes a Deal With Amazon.com Regarding Sales Tax Collection


Amazon.com recently entered into a deal with New Jersey to begin collecting sales taxes on purchases made by state residents in exchange for help in building facilities in the state, according to an article in Bloomberg BNA Daily Tax Report.

In fact, Amazon.com plans on building two distribution centers in the state that will create at least 1,500 full-time jobs, according to a nj.comarticle.

As part of the agreement, Amazon.com will begin collecting and remitting New Jersey sales tax by July 1, 2013, or when federal legislation regarding state sales tax collection from out-of-state retailers, whichever is earlier. For more information about Amazon.com’s latest deal with New Jersey, check out this Bloomberg BNA’s Daily Tax Reportarticle.

Once in place, New Jersey residents will no longer have to report taxes owed for purchases made online via Amazon.com, according to a PCMag.comarticle.

In addition to New Jersey, Amazon.com has made deals with Texas, Nevada, and Indiana.


In other developments . . .

South Carolina reinstated its income tax credit for the purchase or lease of new plug-in hybrid vehicles for tax years 2012 through 2016, according to a recent Bloomberg BNA Weekly State Tax Reportarticle.