Amazon to collect Texas sales tax in July, Nevada in 2014

[Rick]

Amazon has reached an agreement with the state of Texas which will allow them to continue doing business there but at a cost -- Amazon will begin collecting sales tax from...

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[Raswan]

yeah, California, if you're operating on the basis that you are happy with whatever you can con CA residents into reporting, be happy with that 1% who you've scared into complying with that bs law.

 

[gwailo247]

I wouldn't be surprised if the costs of educating the public, enforcing compliance and carrying out the auditing and punishment of "criminals" end up being more than the revenue collected.

 

[ikesmasher]

Shopping on the web will lose its appeal because of greedy governments and officials. Taxes are a huge reason why i buy anything off the internet, if not THE reason.

 

[Guest]

Uhm... Califirnia is not alone in "use tax" laws. 45 other states share the view that sales tax due, if not collected by the retailer, must be remitted directly by the consumer. Laws on the books for more than 50 years in most states.

Hopefully Congress will finally get involved and fix this imbalance -that local retailers must collect, while remote retailers can ignore the sales tax collection issue because 45 years ago the Supreme Court thought it would be too difficult - clearly it is not today.

 

[Tygerstrike]

Well in one aspect, this might help our economic growth. It will no longer make internet purchases so cheap and might help the brick and mortar stores in your very own town/city. I can understand looking for a cheaper price, but in doing so business is taken from the city in which you live, it may even be taking business from YOUR job. And when business can't make money they fire ppl.

 

[Guest]

Article is wrong, Amazon starts collecting sales tax in Texas on July 1, 2012. That's according to the 10-Q Amazon filed with the SEC on April 27th. From the 10-Q -

"“While we continue to believe the assessment was without merit, in April 2012, we entered into a settlement with the State of Texas that included an agreement to collect sales taxes on applicable sales transactions for our U.S.-focused internet retailers beginning July 1, 2012, resolution of Texas sales taxes up to that date, certain commitments related to capital investment and job creation in the state, and an immaterial payment to the state,”

 

[Rick]

Article is wrong, Amazon starts collecting sales tax in Texas on July 1, 2012. That's according to the 10-Q Amazon filed with the SEC on April 27th. From the 10-Q -

That is a significant mistake... Thanks for letting us know.

 

[Guest]

Um... read the title. It clearly states that taxes in Texas WILL be in July.