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Internet Sales Cut Into State’s Tax Revenue

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(credit: Rolf Sjogren/Getty Images)

(credit: Rolf Sjogren/Getty Images)

tate south Tate South
Email Tate at tate.south@cbsradio.com
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(Las Vegas, NV)  —  Online retailers are taking a bite out of Nevada’s sales tax revenue.  A new report by the Retail Association of
Nevada says Internet sales will mean $16-million less for the Silver State this year.  Other reports estimate a loss of as much as $100-million a year. RAN warns the impact is “certain to grow larger with time.”  The Legislature has failed to pass a law requiring online sellers to collect Nevada sales taxes.

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