retail news in context, analysis with attitude

• The Associated Press reports that Amazon.com has come to an agreement with the state of Indiana, collecting the state’s seven percent sales tax from its customers there beginning in 2014, a move that could generate as much as $20 million in revenue for the state.

According to the story, the agreement “follows a lawsuit by Indianapolis-based shopping mall owner Simon Property Group against the state over the issue and a lobbying push on state legislators by traditional retailers to end what they call an unfair price advantage for online retailers.” It also supersedes a 2007 agreement between Amazon and the state of Indiana that called for no collection of online sales taxes when Amazon opened a warehouse there.
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