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Internet Sales Tax Boosts Scioto County

Cyn Mackley by Cyn Mackley
February 23, 2020
in Economy
Internet sales tax boosts county
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Scioto County sales tax revenue is on the rise and it’s partly due to Ohio’s online shopping tax. When Ohio residents purchase items online, they must pay state sales tax and that’s helping put some money into the county’s pocket.

Permissive sales tax revenue for December of 2019 was over a million dollars. Revenue totaled $1, 004,933.81. That’s up nearly $100,000 from December of 2018. For the year overall, permissive sales tax revenue increased by $150,000.

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Scioto County Commissioner Bryan Davis said Scioto County was starting the year off with a bang. “The economy is strong. We’re looking forward to the future.” He credited Ohio’s online shopping tax and pointed out that fellow Commissioner Mike Crabtree had lobbied hard to have online sales tax put in place. Davis said the taxes for online shopping help level the playing field between states. Sellers like Amazon that do more than $100,000 worth of business in Ohio are required to collect sales tax on purchases. If the seller does not collect the tax, individual Ohioans are responsible for declaring their purchases on their state income tax forms and paying the tax.

Crabtree said this money goes a long way towards making up the funds lost when Ohio Managed Care Organization (MCO) tax after federal officials said the state was no longer allowed to collect those taxes. He estimated that between 2/3 to ¾ of the amount lost might be made up by the sales tax. “If that happens, that’ll put us back on track.”

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Tags: Bryan DavisCounty CommissionersMike Crabtreetechnology

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