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A crusade by Amazon.com (AMZN) and Overstock.com (OSTK) against states looking to boost their...
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Thursday, July 2, 2009, 1:30 PM ETA crusade by Amazon.com (AMZN) and Overstock.com (OSTK) against states looking to boost their tax revenue by forcing companies to collect sales tax if they have marketing affiliates in the state is making a mark.
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This news story has 4 comments:
Residents are supposed to declare, and pay, a use tax. But how many people are naive enough to believe that happens on a large scale. Allowing internet companies to avoid collecting sales tax puts local businesses at a price disadvantage.
On Jul 02 02:49 PM Walt17 wrote:
> The added cost for an internet company to collect state sales tax
> is insignificant. If it even exists! It is a simple matter to let
> their computer identify the residence and add appropriate tax.<br/>
>
> Residents are supposed to declare, and pay, a use tax. But how many
> people are naive enough to believe that happens on a large scale.
> Allowing internet companies to avoid collecting sales tax puts local
> businesses at a price disadvantage.