Politics

Amazon, lawmakers reach a deal

Wednesday, September 07, 2011

Amazon and legislative leaders have reached a deal.

It avoids a referendum battle and gives the company until September 2012 before it has to start collecting sales tax on purchases made in California.

A new state law mandated that Amazon gather sales taxes starting this past July.

Instead, Amazon has poured millions into collecting signatures for a referendum challenging the law.

That ballot measure s now on hold and the deal will apparently be announced tomorrow.

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amazon, taxes, politics
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