e-commerce
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State may have to decide if you can be taxed for your Netflix
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Hat tip to the Loveland Reporter-Herald for profiling an obscure tax issue that eventually could find its way onto just about every TV screen in Colorado: the city of Loveland’s attempt to assess local sales tax on internet streaming behemoth Netflix. An audit last year by City Hall in the northern Front Range burg revealed…
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Governor Hickenlooper plans policy for e-commerce sales tax
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Gov. John Hickenlooper is developing a strategy for Colorado to capitalize on a U.S. Supreme Court ruling last month that would allow the state to collect tax from online sales. The Supreme Court upheld Colorado’s “Amazon tax,” which could allow the state to collect taxes on out-of-state internet sales. It requires online retailers to report…