Governor Gary Herbert has announced a deal with online superstore
Amazon.com
that will collect state taxes on Utah purchases. Herbert estimates that the state could be missing out on $200 million dollars a year in state sales taxes for purchases made online and even a portion of that money could go a long ways for funding education in the state. Amazon has agreed, shared Herbert in a conference last week. The new rule goes into effect
January 1st
when taxes will start to be collected. At the end of the month, the total amount collected will be sent to the state, providing a real idea of how much Utah has been missing out on over the years. There has been plenty of pushback since the announcement of Utah citizens who are unhappy about the change.