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GA HB864
Bill
Status
Introduced
2/2/2012
Primary Sponsor
Steve Davis
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AI Summary
- Amends Georgia Code Section 48-8-36 to allow retailers to advertise that they will absorb or pay all or part of a purchaser's sales and use tax, which was previously prohibited
- Retailers who advertise tax absorption must include a statement that any portion of the tax not paid by the purchaser will be remitted to the state on the purchaser's behalf
- Retailers must furnish the purchaser with written evidence that the retailer will be liable for and pay any tax the purchaser was relieved from paying
- If a retailer advertises and absorbs the tax, the retailer becomes solely liable for that portion of the tax and must remit it to the state commissioner as required by law
- A retailer who complies with these requirements and pays the absorbed tax to the commissioner is deemed to have satisfied the legal obligation to collect sales tax from the purchaser
Legislative Description
Sales and use tax; retailers under certain circumstances advertise to pay purchaser's tax on transaction; provide
Last Action
House Committee Favorably Reported
2/28/2012
Committee Referrals
Ways and Means2/2/2012
Full Bill Text
No bill text available