Amazon now collecting sales tax in California

The so-called Amazon tax law took effect in California on Saturday. That means online retailers must now charge between 7 and 9 percent for state and local taxes. State officials say the new law will bring in as much as $100 million from Amazon purchases alone. And more than $300 million overall in the first year.

The board of equalization hired 35 new auditors and collectors to handle the windfall.

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