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Missouri Governor Signs “Wayfair” Online Tax Bill into Law

Wednesday during a ceremony at the State Capitol, Governor Mike Parson signed two Senate bills into law – making larger online companies collect Missouri sales taxes.

This new law will allow Missouri and local governments to collect a use tax from online retailers that sell and deliver more than $100,000 in material goods to consumers in the state annually.

Collections will begin on January 1, 2023.

Missouri will be the final state to implement such a law since the U-S Supreme Court’s decision in 2018 allowed states to adopt rules to collect sales and use taxes from businesses not physically located in their state.

Lawmakers say this will help Missouri- based brick and mortar businesses who are burdened both in prices and the process of having to pay state and local taxes.

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