Business

Love that tax-free shopping on Amazon? It’s going bye-bye

The internet selling powerhouse Amazon will soon begin collecting the state’s 7 percent sales tax.
The internet selling powerhouse Amazon will soon begin collecting the state’s 7 percent sales tax. Courtesy

If you’re thinking about buying that four-piece copper deep fryer or a Dallas Cowboys grill set from Amazon, you may want to pull the trigger on your purchase sooner rather than later.

Beginning Feb. 1, the e-commerce giant will start collecting the state’s 7 percent sales tax .

A post on the Mississippi Department of Revenue’s Facebook page confirmed the Feb. 1 start date. State Department of Revenue Commissioner Herb Frierson praised the company for the impending sales-tax collection.

“I appreciate Amazon for voluntarily stepping forward to collect the Mississippi sales tax,” Frierson said in the Jan. 24 post. “I hope that other e-retailers will follow the lead of Amazon. A special thanks to Department of Revenue Associate Commissioner Meg Bartlett for her work with Amazon to secure this agreement.”

The AP reports Frierson has filed to require any company that makes more than $250,000 in sales, whether the trade be in person or online, to start collecting the 7 percent sales tax by July 1.

At least three bills have also been introduced in the state legislature that would require the collection of sales tax for companies selling more than $250,000 annually.

All hope is not lost, though, for those looking to get a bargain from Amazon. The company offers the Amazon Prime service, which has free shipping on Amazon Prime products. Amazone Prime costs $99 a year or $10.99 a month.

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