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Gov. Ron DeSantis Signs $1 Billion Sales Tax Hike on Consumers to Save Businesses' Pocketbooks
Gov. Ron DeSantis late Monday signed into law a plan to require out-of-state online retailers to collect sales taxes on purchases made by Floridians, with the estimated $1 billion a year in revenue going to curb a pair of taxes on Florida businesses.
Florida business groups have lobbied for years to require out-of-state retailers to collect and remit sales taxes, saying it is a matter of fairness. But past proposals failed because of concerns by Republicans that they could be viewed as increasing taxes on consumers.
Retailers that have a “physical presence” in Florida are already required to collect and remit sales taxes, But retailers without such a presence haven’t faced the requirement when they make sales to Floridians, who have been technically supposed to send in sales taxes on their purchases —- though few do.
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