Retail Sales and Use Tax; absorption and payment by seller. (HB194)

Introduced By

Del. Bobby Orrock (R-Thornburg)

Progress

Introduced
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. Read the Bill »

Outcome

Bill Has Failed

History

DateAction
12/26/2007Committee
12/26/2007Prefiled and ordered printed; offered 01/09/08 082527672
12/26/2007Referred to Committee on Finance
01/15/2008Assigned Finance sub: 1
01/23/2008Impact statement from TAX (HB194)
02/12/2008Left in Finance

Duplicate Bills

The following bills are identical to this one: SB147.

Comments

Waldo Jaquith writes:

Lots of places already do exactly this; I can only assume that it's quite legal. Perhaps Del. Orrock's bill is more narrowly tailored than the title and summary describes it as?