The Indiana Department of Revenue isn’t sure how a June Supreme Court decision that frees up states to charge a sales tax on vendors who don’t have a physical presence in the state, will impact the state’s finances.
The state budget committee met yesterday to talk about how much revenue that decision will bring in.
Department Commissioner Adam Krupp says he doesn’t have an answer.
“There are all kinds of predictions. Lots of numbers have been thrown out all across the country," says Krupp. "A word of caution is sort of prudent here because we don’t know the universe of all of these remote sellers outside of Indiana.”
The state has a law on the books that levies a seven-percent sales tax on remote vendors that surpass certain transaction minimums.
But the law’s constitutionality was challenged in court prior to the Supreme Court decision. That case is still pending resolution.
The state is telling remote vendors that the tax will go into effect Oct. 1 if the court approves it.
