Governor Parson signs "Wayfair" bill to collect online sales tax

(AP) — Gov. Mike Parson has signed a bill to require online retailers to collect sales taxes on purchases made by Missouri residents.

Parson signed the bill Wednesday. Missouri is the last state with a sales tax to approve such a requirement. Buyers are still required to pay sales taxes. But many people don’t know that, and it’s challenging to enforce without the help of retailers.

The legislation requires out-of-state retailers with at least $100,000 of annual sales in Missouri and online marketplace facilitators to collect state and local taxes beginning in 2023.