The Arkansas Senate has approved a measure aimed at forcing Amazon to begin collecting state sales taxes, a plan that's backed by Wal-Mart and lawmakers who say the state is missing out on up to $100 million in tax revenue from the e-commerce giant. The Senate on Monday approved by a 23-9 vote legislation out-of-state companies with no physical presence in the state to collect the tax if they sell more than $100,000 worth of products or make at least 200 transactions. Arkansas is one of a handful of states where Amazon doesn't have a distribution center or office and doesn't collect sales taxes. The measure would allow Arkansas to seek court action to collect the tax revenue from sellers. The bill now heads to the House. Click or tap here to read SB140. (Copyright 2017 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.)

The Arkansas Senate has approved a measure aimed at forcing Amazon to begin collecting state sales taxes, a plan that's backed by Wal-Mart and lawmakers who say the state is missing out on up to $100 million in tax revenue from the e-commerce giant.

The Senate on Monday approved by a 23-9 vote legislation out-of-state companies with no physical presence in the state to collect the tax if they sell more than $100,000 worth of products or make at least 200 transactions. Arkansas is one of a handful of states where Amazon doesn't have a distribution center or office and doesn't collect sales taxes.



The measure would allow Arkansas to seek court action to collect the tax revenue from sellers. The bill now heads to the House.


Click or tap here to read SB140.

(Copyright 2017 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.)