Amazon to Begin Collecting Sales Tax in Four States

In April, Amazon begins collecting sales tax on purchases by customers in Hawaii, Idaho, Maine and New Mexico, the Associated Press reported, adding, "The online retailer has been working in recent months to reach agreements in a handful of remaining states where it doesn't collect sales taxes."

The New Mexico Taxation and Revenue Department said the monies, estimated to be "in the tens of millions of dollars," will go to the state's general fund and to the cities where purchases were made.

George Gervais of the Maine Department of Economic and Community Development emphasized that the move helps create more of an equal playing field and said the increase in tax revenue will allow the state to reduce income taxes.

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