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NEWS: Georgia losing $750 million in online taxes

ATLANTA – A new report says Georgia is missing out on hundreds of millions of dollars in sales tax revenue because of a loophole that allows online retailers to skirt a new state law.

As of this year, online retailers are required to collect the tax in Georgia, but the report from the Faith, Justice and Truth Project found that so-called “marketplace facilitators” – or online sites that connect consumers with a seller's products and services – are hosting tax-free transactions that should be generating revenue for state and local governments.


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