Amazon Offers Texas a Big Deal to Delay Internet Sales Tax Law

from DailyFinance.com by Dawn Kawamoto

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Amazon taxesAmazon.com has offered a $300 million investment and the promise of 5,000 jobs in the state of Texas in exchange for the state postponing legislation that would force the online retailer to begin collecting sales tax on purchases made by Texans.

According to one source, top officials in the Texas legislature and governor’s office are weighing Amazon’s (AMZN) offer. The terms of the deal are strikingly similar to one accepted by South Carolina earlier this month — 2,000 jobs and a $125…

http://www.dailyfinance.com/2011/06/23/amazon-offers-texas-a-big-deal-to-delay-internet-sales-tax-law/

">Amazon Offers Texas a Big Deal to Delay Internet Sales Tax Law originally appeared on DailyFinance.com on 2011-06-23T14:40:00Z.

http://www.dailyfinance.com/2011/06/23/amazon-offers-texas-a-big-deal-to-delay-internet-sales-tax-law/

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