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Loophole uncovered in Oklahoma’s new online sales tax law
Source:
kfor.com
- May 10, 2017
OKLAHOMA CITY - Eight in 10 Americans are now shopping online, according to Pew research.
Every year, that number goes up as more and more people are choosing the World Wide Web for convenience or price.
Oklahoma taxpayers saw big changes to e-commerce this year with the introduction of a new law that affects online shoppers.
The law went into effect on May 1.
Online retailers must now collect sales tax at the time of purchase, or send an end-of-the-year notification about taxes owed.
But, some online shoppers who started forking over sales taxes earlier this year have noticed a glitch.
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Category: General Business
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