Newsom Vetoes Online Sales Tax Data Reporting Bill

Oct. 5, 2021, 2:38 AM

Gov. Gavin Newsom vetoed a bill Monday that would have helped California quantify how online shopping is concentrating sales tax revenue in a few cities at the expense of others.

The bill (S.B. 792) would have required retailers with more than $50 million in annual online sales to report gross receipts for products sent to each local jurisdiction within California along with their quarterly sales and use tax returns starting in 2022. Bill author Sen. Steve Glazer (D) said the $50 million threshold covered 90% of online sales to California customers.

In his veto message, the Democratic governor ...

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