Retail Sales and Use Tax; absorption and payment by seller. (SB147)
Introduced By
Sen. Walter Stosch (R-Glen Allen)
Progress
√ |
Introduced |
X |
Passed Committee |
☐ |
Passed House |
☐ |
Passed Senate |
☐ |
Signed by Governor |
☐ |
Became Law |
Description
Sales and use tax; absorption and payment by seller. Permits any seller not to collect sales and use tax from the purchaser, and to absorb such tax himself. A dealer electing to absorb such taxes shall be liable for payment of such taxes to the Tax Commissioner in the same manner as he is for tax collected from a purchaser. View Full Text »
Outcome
Bill Has Failed
View Bill's History
