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Legislature Supports Internet Sales Tax Measure as Part of the State Budget

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Legislature Supports Internet Sales Tax Measure as Part of the State Budget

Tuesday, March 20, 2018

The Legislature, by unanimous vote (Legislator Glenn Morey was excused), expressed its formal support for inclusion of the Internet Fairness Conformity Act in the 2018 New York State Budget. The provision would expand jurisdiction over online retailers, requiring them to collect NYS sales tax even if they do not maintain a physical presence or employees working in New York State.

The measure has drawn strong support from the New York State Association of Counties, and, according to County Finance Director Rick Snyder, also from county treasurers and finance directors from across the state. It is estimated that nearly $160 million of new revenue for the State and local governments would be collected each year. Noting that this issue was one of NYSAC’s top priorities in its legislative agenda, Legislature Chair Martha Robertson pointed out that this would not be a new tax, but would simply be collecting the sales tax already due.