NYSAC Assembly Supports Modernizing Online Sales Tax, Senate Rejects
One of the counties' priority issues has been accepted by the NYS Assembly's one house budget resolution, but rejected by the Senate.
The Governor's Budget proposes updating New York Sales tax to ensure currently owed sales tax is collected on Internet based transactions. The proposal calls for large online platforms to collect sales tax on behalf of their vendors. The Governor estimates that on a full annual basis about $275 million in state and local sales tax is not being collected.
NYSAC will continue to advocate for this proposal to be included in the final version of the budget.