CT HB05477

Defines "marketplace facilitator" as any person who facilitates at least $250,000 in retail sales during a twelve-month period through a forum listing tangible personal property or taxable services, collects receipts from customers, and receives compensation for these services.

Establishes that marketplace facilitators shall be considered the retailer of each sale they facilitate and must collect and remit sales taxes imposed under section 12-408.

Requires marketplace facilitators to assume all obligations imposed under Connecticut's sales tax chapter as if they were the direct retailer of each sale.

Mandates marketplace facilitators maintain records and information as required by the Commissioner of Revenue Services to ensure proper tax collection and remittance.

Exempts marketplace facilitators from these requirements when facilitating the rental of passenger motor vehicles or rental trucks on behalf of rental companies as defined in section 12-692.