San Francisco voters must decide this November whether to approve a ½-cent sales tax increase to replace a state sales tax surcharge that expired earlier this summer.
Amazon.com Inc. said the California Attorney General’s Office has approved its petition for a referendum that would let voters decide whether to overturn a new law that forces online retailers to collect sales taxes in the state.
More and more online shopping sites are dropping California merchants as a result of the state’s new requirement that out of state retailers collect sales tax from California shoppers.
Amazon.com Inc. said Wednesday that it will stop working with online affiliates based in California since the state passed a new rule that forces online retailers to collect sales tax.
The spending plan approved Wednesday by Democrats requires companies to collect the state sales tax on online purchases made by California residents.
Immunizing the California budget against revenue fluctuations means moving away from the state’s heavy reliance on income taxes, according to a prominent UC Berkeley economist.
The plan does not include cuts to vital services or any major layoffs, while also eliminating the city’s $380 million deficit.
Would you pay a higher sales tax to keep Caltrain from running off the rails? That is the question that some Bay Area residents are being asked by pollsters, even as the agency plans for record spending.
The state of California could collect more than $1 billion a year by taxing Amazon and other online retailers if a bill approved by the Assembly becomes law.
Is the sales tax headed higher in San Francisco? Perhaps.