Rex Hime, President and CEO of California Business Properties Association, has written an op/ed to discuss several bills that have been introduced in the Legislature that have the potential to raise hundreds of millions of dollars in uncollected sales taxes.
“California has an opportunity this year to make a real positive impact on small businesses by fixing an outdated e-commerce law that unfairly puts them at a disadvantage. This loophole was created almost two decades ago and has now produced a seriously uneven playing field for small businesses.
“The basic issue is out-of-state, online-only retailers that have a presence in this state do not collect state sales taxes like California businesses are required to do. This creates a huge burden for stores and their online websites in California that sell the same product.”
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