This blog will focus on and discuss business and legal issues important to entrepreneurs as they develop products and services, seek capital, expand and exit the market. In addition, this blog will discuss federal and state economic development incentives and finance programs that are geared towards incentivizing affordable housing, renewable energy, historic preservation, small business start up and job creation.
Friday, March 23, 2012
Georgia Passes Law Imposing Tax on Online Purchases
The Georgia Senate unanimously approves a $262 million tax
reform bill (H.B. 386) that would address an array of state taxes—including
requiring internet retailers to collect Georgia sales tax on purchases made by
the state's residents. The 54-0 vote comes two days after the House approves
the measure 155-9. H.B. 386 now heads to the desk of Gov. Deal, who has pushed
for the measure.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment