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AL SB307
Bill
Status
2/13/2018
Primary Sponsor
Trip Pittman
Click for details
AI Summary
SB307 Summary
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Allows out-of-state vendors that establish physical presence in Alabama solely through acquisition of an in-state company to continue participating in the Simplified Sellers Use Tax Remittance Program for remote sales.
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Clarifies that tangible personal property sold or removed from retail locations in Alabama, or delivered to retail locations in Alabama, cannot be reported under the Simplified Sellers Use Tax Program and must be subject to regular sales tax.
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Authorizes marketplace facilitators to petition the Alabama Department of Revenue for approval to collect and remit simplified sellers use tax (8 percent) on retail sales made by or on behalf of third-party marketplace sellers.
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Provides marketplace facilitators and sellers meeting program requirements with amnesty protections, discount eligibility, immunity from local audit or review, and class action lawsuit protection for overpayment claims.
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Becomes effective immediately upon passage and gubernatorial approval.
Legislative Description
Sales and use tax, Simplified Sellers Use Tax Remittance Program, out-of-state vendors, physical presence through acquisition of in-state company authorized, sales of tangible personal property subject to sales tax, marketplace facilitators, collection, Secs. 40-23-190, 40-23-191 am'd.
Taxation
Last Action
Finance and Taxation General Fund first Substitute Offered
3/6/2018