E-commerce Revenue Arrives, Not In Missouri

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E-commerce sales tax is arriving in some states, boosting revenues by the millions, Reuters reports.

California, for example, reeled in $96.4 million is sales tax.  That is significantly lower than the $1.9 billion they were projected, but still leaves California on pace to bring in $107 million in e-taxes for the fiscal year.

Missouri, however, has not joined in the e-commerce game.  A study done by researchers at the University of Missouri projects that the state could be passing up as much as $1.4 billion in revenue between 2011 and 2014.

Read more in the Kansas City Business Journal


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