{"id":41155,"date":"2021-04-21T15:12:44","date_gmt":"2021-04-21T22:12:44","guid":{"rendered":"https:\/\/bensbargains.com\/thecheckout\/?p=41155"},"modified":"2021-04-21T15:34:57","modified_gmt":"2021-04-21T22:34:57","slug":"florida-residents-will-be-paying-more-taxes-on-online-shopping-purchases-soon","status":"publish","type":"post","link":"https:\/\/bensbargains.com\/thecheckout\/bens-bytes\/florida-residents-will-be-paying-more-taxes-on-online-shopping-purchases-soon\/","title":{"rendered":"Florida residents will be paying more taxes on online shopping purchases soon"},"content":{"rendered":"<div style=\"margin-top: 0px; margin-bottom: 0px;\" class=\"sharethis-inline-share-buttons\" ><\/div>\n<figure class=\"wp-block-image size-large\"><img decoding=\"async\" width=\"1024\" height=\"483\" src=\"https:\/\/bensbargains.com\/thecheckout\/wp-content\/uploads\/2021\/04\/calculator-1024x483.jpg\" loading=\"lazy\" alt=\"\" class=\"wp-image-41160\" srcset=\"https:\/\/bensbargains.com\/thecheckout\/wp-content\/uploads\/2021\/04\/calculator-1024x483.jpg 1024w, https:\/\/bensbargains.com\/thecheckout\/wp-content\/uploads\/2021\/04\/calculator-300x142.jpg 300w, https:\/\/bensbargains.com\/thecheckout\/wp-content\/uploads\/2021\/04\/calculator-768x362.jpg 768w, https:\/\/bensbargains.com\/thecheckout\/wp-content\/uploads\/2021\/04\/calculator.jpg 1166w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<p>Going into effect on July 1, online shoppers located in Florida <a href=\"https:\/\/www.floridaphoenix.com\/2021\/04\/20\/youll-pay-more-for-online-purchases-under-legislation-quietly-signed-by-gov-desantis\/\" target=\"_blank\" aria-label=\"undefined (opens in a new tab)\" rel=\"noreferrer noopener nofollow\">will be paying sales tax<\/a> on purchases made with companies that don&#8217;t have a physical presence in the state. For instance, a purchase on Walmart.com would collect sales tax because the state has plenty of physical Walmart locations in the state.<\/p>\n\n\n\n<p>However, a purchase from a third-party vendor through a portal on Walmart and Amazon wouldn&#8217;t necessarily have to collect sales tax if they don&#8217;t have a store or warehouse location in the state. Previous to this change, Florida residents were required to self-report sales tax on out-of-state purchases; but the majority of residents ignored this law. <\/p>\n\n\n\n<p>Florida lawmakers estimate they will collect one billion a year in additional taxes due to this change. For the average resident, they will pay an additional $40 to $50 per year in sales tax. Of course, that&#8217;s highly dependent on how much online shopping they do. Florida&#8217;s sales tax adds an additional 6% to a purchase, plus up to an additional 2.5% based on the county rates. <\/p>\n\n\n\n<p>Florida is attempting to replenish state funds that have been depleted from difficulties from the COVID-19 pandemic. Florida relies heavily on sales tax rather than taxes like property tax, thus funding sources are recovering more slowly than other states. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>Going into effect on July 1, online shoppers located in Florida will be paying sales tax on purchases made with companies that don&#8217;t have a physical presence in the state. For instance, a purchase on Walmart.com would collect sales tax because the state has plenty of physical Walmart locations in the state. However, a purchase [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":41160,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[13],"tags":[2323,2322,436,1124],"class_list":["post-41155","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-bens-bytes","tag-florida","tag-online-shoppers","tag-online-shopping","tag-sales-tax"],"_links":{"self":[{"href":"https:\/\/bensbargains.com\/thecheckout\/wp-json\/wp\/v2\/posts\/41155","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bensbargains.com\/thecheckout\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bensbargains.com\/thecheckout\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bensbargains.com\/thecheckout\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/bensbargains.com\/thecheckout\/wp-json\/wp\/v2\/comments?post=41155"}],"version-history":[{"count":5,"href":"https:\/\/bensbargains.com\/thecheckout\/wp-json\/wp\/v2\/posts\/41155\/revisions"}],"predecessor-version":[{"id":41164,"href":"https:\/\/bensbargains.com\/thecheckout\/wp-json\/wp\/v2\/posts\/41155\/revisions\/41164"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bensbargains.com\/thecheckout\/wp-json\/wp\/v2\/media\/41160"}],"wp:attachment":[{"href":"https:\/\/bensbargains.com\/thecheckout\/wp-json\/wp\/v2\/media?parent=41155"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bensbargains.com\/thecheckout\/wp-json\/wp\/v2\/categories?post=41155"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bensbargains.com\/thecheckout\/wp-json\/wp\/v2\/tags?post=41155"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}