Online Sales tax. Texas SB 1713. 5 Key Points.

What points does Senator Uresti make about his SB 1713?

• SB 1713 requires ” large out-of-state online retailers to remit the same sales tax as everyone else”
• A 2015 US Supreme Court decision created an opening for state’s to challenge the pre-internet requirement for a physical nexus before a tax could be levied
• Texas needs this to fill budget cuts
• SB 1713 could bring revenue of $247.2 million to $1.8 billion
• SB 1713 is about closing a loophole

Sen. Uresti | Tribtalk |  Outdated sales tax system thwarts Texas businesses