NEWS FLASH

Louisiana House Passes Bill To Close ‘Amazon Tax Loophole’ | The Louisiana Legislature voted 78-14 to pass a bill that would move to close a special loophole in the tax code that allows online retailers like Amazon and Overstock to escape collecting sales taxes. “We can’t afford to give away revenues by not collecting sales taxes,” said Rep. Rosalind Jones (D). “The hardware store down the street from your house must collect and pay Louisiana taxes. It’s only fair for these huge out-of-state companies to play by the same rules.”