Wed, 16 Jun 2021

Following vote, Missouri to collect taxes on online purchases

Robert Besser
15 May 2021, 20:57 GMT+10

JEFFERSON CITY, Missouri: The legislature passed bills on May 12 to require out-of-state online stores to collect sales taxes on purchases made by those living in Missouri.

The bill was expected to be delivered to Governor Mike Parson by Friday.

The Missouri bill stipulates that only businesses that make at least $100,000 per year in online sales to Missouri residents would have to collect sales taxes, beginning in 2023.

Those supporting the bill argued that it is unfair for Missouri stores to pay sales tax, while out-of-state online retailers stores do not.

Currently, Missouri residents purchasing online are required to pay state taxes, though it is difficult to enforce without the help of retailers.

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