United States Virginia change
Sri Lanka Breaking News
Sri Lanka parliament
vivalankaSri Lanka newsSri Lanka businessSri Lanka sportsSri Lanka technologySri Lanka travelSri Lanka videosSri Lanka eventssinhala newstamil newsSri Lanka business directory
vivalanka advertising
Stay Connected
Popular Searches
T20 World Cup
Sponsored Links
Sri Lanka Explorer

Tax break OK'd for QVC - but not Amazon

May 17, 2011 6:50:00 AM - thestate.com
When the issue of a sales-tax exemption for an online retailer’s distribution center was before the S.C. House six years ago, the tax break sailed through – passing 93-1.

Among the tax break’s supporters then were now-Gov. Nikki Haley and 31 other current House members. All 32 voted in favor of a tax break for the as-seen-on-TV retailer QVC in 2005 but now oppose granting the same exemption to Amazon.

Amazon requested the incentive – which would exempt the company from collecting sales tax on purchases by S.C. residents for five years – as part of a deal to bring 1,250 jobs to a new Cayce distribution center.

The Amazon deal was struck under Gov. Mark Sanford, who since has left office. Gov. Haley has said the exemption is bad policy and refused to support it.

Amid pressure from a coalition of major retailers, including Wal-Mart and Target, and local stores, the House voted down the Amazon exemption, 71-47, on April 27.

USA, South Carolina: (Latest Stories)