Fincastle Herald
  • News
    • Local News
    • Featured Sports
    • Courthouse
      • Legals
    • Sports News
    • School News
    • Entertainment News
    • Church
  • Opinions
  • Obituaries
  • eHerald
  • State News
  • National News
  • Classifieds
  • Contact
  • My Account
  • Login
Subscribe For $2.50/Month
  • News
    • Local News
    • Featured Sports
    • Courthouse
      • Legals
    • Sports News
    • School News
    • Entertainment News
    • Church
  • Opinions
  • Obituaries
  • eHerald
  • State News
  • National News
  • Classifieds
  • Contact
  • My Account
  • Login
No Result
View All Result
Fincastle Herald
No Result
View All Result
  • National News
  • VA News
  • WV News
Home Uncategorized

Supervisors split over support for sales tax on Internet sales

February 8, 2017
in Uncategorized
Reading Time: 1 min read
A A
4
VIEWS
Share on FacebookShare on Twitter

 

The Botetourt Board of Supervisors split 3-2 about whether to join the growing chorus of counties and cities asking the United States Senate to reintroduce a “compromise” Marketplace Fairness Act that would allow states to impose sales taxes on retail Internet sales.

Roanoke City Council asked the supervisors to consider a resolution supporting the idea, and Supervisor John Williamson III offered the motion to do just that when the board met in January.

Williamson said new language in the substitute bill would shield “small brick and mortar” businesses from being harassed by tax collectors from other states, but Supervisor Todd Dodson wondered how the legislation would prevent that.

Williamson said the resolution the supervisors were considering said a compromise would have to deal with that.

Supervisor Billy Martin considered the idea a tax increase and worried about compliance issues.

Dodson and Martin voted against the resolution while Jack Leffel, Mac Scothorn and Williamson voted for it.

According to statistics provided by the county staff, Botetourt lost $319,000 in sales tax revenue in 2016— and almost $1.7 million between 2007 and 2016 because Internet sales are not taxed unless the transaction occurs with the state.

The Virginia Association of Counties (VaCO) and the Virginia Municipal League (VML) have been promoting the idea of having the legislation return to the Senate because of the loss of tax revenue and because it puts locally owned “brick and mortar” businesses at a competitive disadvantage because they have to collect sales taxes.

The resolution notes that other taxes have had to be raised to offset the lost sales tax revenue.

— Ed McCoy

ShareTweetPin
Previous Post

Manspile Rookie Auctioneer of the Year

Next Post

Obituaries 2.8.17

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Sign Up To Our Newsletter

Sign up now to get weekly top stories, eEdition notifications, deals and more from Fincastle Herald right to your inbox.
  • Login
  • My Account
  • Subscribe To Fincastle Herald
  • Contact Us
  • Submit Content

© 2020 Mountain Media, LLC

  • Login
  • Sign Up
  • Cart
No Result
View All Result
  • Local News
  • Sports News
  • Obituaries
  • School News
  • Church
  • Notices
  • eHerald
  • My Account
  • Subscribe

© 2020 Mountain Media, LLC

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Forgot your password?

Lost your password? Please enter your email address. You will receive mail with link to set new password.

Back to login