Steamboat Today: E-commerce vs. brick-and-mortar stores
Author: The Steamboat Today Editorial Board - April 27, 2018 - Updated: April 27, 2018
The news that Amazon.com Inc. has begun collecting and remitting local sales tax to the city of Steamboat Springs on certain online purchases is a welcome development, and it represents a small step toward leveling the playing field for local retailers.
City Finance Director Kim Weber was unable to provide specific information about the amount of sales tax revenue Amazon is remitting to the city because that is proprietary in nature, but she did say it represents less than 1 percent of the 6.6 percent increase in sales tax revenue the city saw in February.
While not a large revenue boost for the city, the fact that Amazon, the country’s largest online retailer, is paying local sales tax revenue at all is a shift from its long-held position that online purchases should be tax free.