Missouri shoppers will pay more for online shopping under new law
JEFFERSON CITY, Mo. – Missouri Governor Mike Parson signed into law legislation that will require online retailers to collect sales taxes on purchases made by Missouri residents.
That means, that Missourians who shop online will pay the state sales tax of 4.2%.
Missouri is the last state with a sales tax to approve such a requirement.
The legislation requires online marketplace facilitators and out-of-state retailers with at least $100,000 of annual sales in Missouri to collect state and local taxes.
The law goes into effect in 2023.
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