Bill description: HB 578 would require online retailers that sell more than $10,000 in Idaho to assess Idaho’s state sales tax on all purchases.
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Does it directly or indirectly create or increase any taxes, fees, or other assessments? Conversely, does it eliminate or reduce any taxes, fees, or other assessments?
HB 578 would expand the definition of a "retailer" in the state of Idaho. The new definition would include online retailers that sell more than $10,000 in goods within the state's borders. This would include online retailers based in other states. The expanded definition of retailer under HB 578 would require the online retailers to collect the sales taxes on purchases and remit the monies to the state of Idaho. The Fiscal Note for this bill estimates total tax collections could increase by $22-$37 million during per Fiscal Year based on current figures.
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