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The Boston Globe reports that Amazon.com will begin collecting Massachusetts sales tax for online purchases made by customers there, starting next fall.

"This agreement is a win for all sides, and I am pleased it promises to generate millions in long-term revenue for the Commonwealth," said Gov. Deval Patrick in announcing the agreement.

The Globe writes that "the state government lost out on an estimated $387 million in 2011 from Massachusetts residents buying products tax-free from online retailers, according to the Massachusetts Main Street Fairness Coalition, an association of retailers, unions and local officials. The group has been pressuring the Patrick administration to compel Amazon to collect and remit state taxes."
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