Borough continues to gain in online sales tax revenues
January 20, 2022
Since first beginning to collect sales tax on online orders sold by out-of-town merchants such as Amazon in 2020, the borough continues to see an increase in revenues.
In fiscal year 2021, which ended last June 30, the borough collected $180,000 in sales tax from what are called remote sellers, said Mason Villarma, the borough’s finance director. The finance department projects $200,000 in such sales tax revenues for fiscal year 2022, which ends June 30.
At $200,000, the revenues would be about 7% of Wrangell’s total sales tax collections this fiscal year.
The new revenues come through...