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