Online shopping tax bill gets final approval in California
LOS ANGELES (KABC) -- Get ready to start paying sales tax for your online purchases. The so-called "E-Fairness" bill has received final certification in California.
Starting Sept. 15, out-of-state online retailers like Amazon.com will be required to collect and remit sales tax in California.
Supporters of the bill say it will put all companies on equal footing when it comes to tax collection.
The change is expected to generate over $500 million in state revenue each year.
Most Californians don't know they're supposed to pay the equivalent of a sales tax on their state income tax filings under "use tax." The state estimates it loses out on more than $1 billion every year.
Without the "E-Fairness" bill, the state has been relying on your honesty to come clean at tax time.
shopping, taxes, california news
- Man found dead in ransacked Westmont home 38 min ago
- Car crashes into OC yard; 2 killed, 1 injured 11 min ago
- 6.9-magnitude earthquake hits NorCal coast
- Malaysia missing jet: 'Every angle' probed 17 min ago
- 3 attacked by bees in La Canada Flintridge
- Stage collapses at OC high school; 25 injured
- 2 SoCal hikers die amid record-breaking heat
- Compton shootings leave 2 dead within hours
- Pedestrians fatally struck in Norwalk ID'd
- State oversight may tame California pot shops
- abcnews: Dog helps Army vet overcome PTSD
- Effexor recalled due to possible contamination 19 min ago
- '300' sequel rules box office w/ $45.1M debut
- Photos: 'Revenge's Emily VanCamp: 15 Sexiest Looks