Wednesday, December 29, 2010
More on the Sales and Use Tax Agreement
Thanks to Laura Leigh Goins for some more on the Streamlined Sales and Use Tax Agreement.
From the Courier Journal:
"Of the nearly 1.7 million tax returns filed last year in Kentucky, only 11,501 reported use taxes. Kentuckians acknowledged they owed about $662,000 for online and catalog purchases where no sales tax was collected."
And a Courier Journal Editorial Piece:
"According to a University of Tennessee study, the amount of uncollected sales taxes nationally could grow to $23 billion by 2012. As Courier-Journal reporter Lesley Stedman Weidenbener wrote Monday, that includes $212 million for Kentucky — twice as much as its haul from the most recent increase in the cigarette tax — and $398 million for Indiana, enough to hire 6,500 more public school teachers."
From the Courier Journal:
"Of the nearly 1.7 million tax returns filed last year in Kentucky, only 11,501 reported use taxes. Kentuckians acknowledged they owed about $662,000 for online and catalog purchases where no sales tax was collected."
And a Courier Journal Editorial Piece:
"According to a University of Tennessee study, the amount of uncollected sales taxes nationally could grow to $23 billion by 2012. As Courier-Journal reporter Lesley Stedman Weidenbener wrote Monday, that includes $212 million for Kentucky — twice as much as its haul from the most recent increase in the cigarette tax — and $398 million for Indiana, enough to hire 6,500 more public school teachers."
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