Amazon, lawmakers reach a deal
SACRAMENTO, Calif. (KGO) -- 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.
amazon, taxes, politics
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