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Internet tax collections not providing expected boost for state

JACKSON – The voluntary collection of the 7 percent tax on retail items sold to Mississippians by Amazon and other online retailers is not providing the boost to the state general fund that many had hoped it would.

Instead of being a boost to the beleaguered state general fund, the use tax, like other state taxes, is underperforming in terms of collection. Through the month of May, the state’s use tax revenue is actually down – albeit only slightly – from the previous year by $901,491 or 0.44 percent.

Daily Journal

Posted June 19, 2017 - 6:13 am

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