Thursday, March 18, 2010

House Approves Measure To Strengthen Sales Tax Collection

By Nancy Badertscher
The Atlanta Journal-Constitution
Georgia Politics
March 17, 2010

The state could have a new tool for identifying businesses that should -- but aren’t -- paying potentially millions in sales tax.

The Georgia House passed legislation Wednesday that would require cities and counties to furnish the state Department of Revenue with information about businesses that are licensed locally.

The department could cross-check that information against its records to go after businesses that aren’t submitting sales tax to the state, said Ways & Means Vice Chairman David Knight (R-Griffin).

The state could bring in $100 million or more from the crackdown, Ways & Means Chairman Larry O’Neal has said.

Local governments also stand to benefit since they receive a portion of all sales tax collections, lawmakers said.

To see the whole article please tap on link: http://www.ajc.com/news/georgia-politics-elections/house-approves-measure-to-379303.html

© 2010 The Atlanta Journal-Constitution

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