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Friday, Jun 14
Florida is set to be the latest state to receive Amazon (AMZN -0.6%) distribution centers ......
Florida is set to be the latest state to receive Amazon (AMZN -0.6%) distribution centers ... and with them, sales tax payments. In a deal with the state government, Jeff Bezos & Co. promise to invest $300M in the Sunshine State by 2016 to build several warehouses, and create up to 3K jobs along the way. No word on when sales tax collections will start. While Congress mulls an online sales tax bill, Amazon has already begun collecting in states containing ~1/3 of the U.S. population, and is due to begin collecting from others in 2013 (New Jersey, Virginia) and 2014 (Nevada, Indiana).