Urges and requests the secretary of the Dept. of Revenue to report certain aggregated data concerning sales and use tax collections on transactions involving remote dealers to the legislature
Impact
The resolution seeks to provide the legislature with aggregated tax collection data to better inform their decisions on resource allocation and tax policy. This data is instrumental as the legislature grapples with budgetary needs and aims to balance taxpayer interests against the demand for adequate funding for state operations. By requesting aggregated data, the resolution aims to enhance transparency while respecting taxpayer confidentiality, allowing legislative members to gauge the revenue impact of remote dealer transactions without exposing specifics about individual taxpayers.
Summary
House Resolution 7 urges the secretary of the Department of Revenue in Louisiana to report aggregated data concerning sales and use tax collections remitted on transactions involving remote dealers. This resolution emerges in the context of the United States Supreme Court’s decision in South Dakota v. Wayfair, which has far-reaching implications for state and local governments' authority to collect taxes from remote sellers. As businesses increasingly engage in online sales, understanding the scope of tax collections from these remote dealers becomes crucial for the legislature's oversight and policy-making processes.
Sentiment
Sentiment toward HR7 is generally positive among legislators who support more informed decision-making processes regarding tax policy. Proponents view the requirement for aggregated data as a step forward in optimizing the management of state revenues, while ensuring taxpayer confidentiality is maintained. However, there may be some skepticism regarding the implementation of data gathering and the accuracy of the reports that will be provided.
Contention
Given that HR7 is fundamentally a request for data rather than a legislative change to tax law itself, significant contention appears to be minimal. However, potential debates may arise over the practicality and completeness of the data collection efforts, as well as discussions about the implications of the Supreme Court's ruling in terms of states' rights to impose taxes on out-of-state sellers. As remote sales grow, the relevance of this bill highlights an essential intersection of technology and fiscal policy in modern governance.
Repeals contingent effectiveness from Act No. 5 of the 2 E.S. relative to the definition of dealer for purposes of collecting sales and use taxes on transactions involving remote dealers (Item #1)
Urges and requests the secretary of the Department of Revenue to report to the legislature certain information relative to the solar energy systems tax credit
Changes the effective date for the definition of "dealer" for purposes of the sales and use tax imposed on transactions involving a remote seller. (gov sig) (EG SEE FISC NOTE See Note)
To study Louisiana's policy for the collection of sales and use taxes on taxable transactions involving a remote seller who is not obligated to collect sales tax at the time of sale
Provides criteria for the definition of "dealer" for purposes of the sales tax imposed on transactions involving a remote seller (Item #26) (EN SEE FISC NOTE GF RV See Note)
Urges and requests the Department of Revenue to reexamine their revenue ruling determination that a certain rate reduction and tax exemption is applicable to sellers of nonprepared foods
Provides criteria for the definition of "dealer" for purposes of the sales tax imposed on transactions involving a remote seller (Item #26) (REF +$507,000,000 GF RV See Note)