Online purchases and sales tax?
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I have made numerous purchases online in the U.S., however, I only incurred sales tax if the company was based in the state of my residence. O.k. that is fine. However, I just got off the phone with BestBuy.com, after making a purchase which they told me that they charge every person the applicable tax of the state they live in. That blows ! X| Anyhow, isn't online tax applied only when you reside in the same state as the company headquarters ?? :confused:
R.Bischoff | C++ .NET, Kommst du mit?
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I have made numerous purchases online in the U.S., however, I only incurred sales tax if the company was based in the state of my residence. O.k. that is fine. However, I just got off the phone with BestBuy.com, after making a purchase which they told me that they charge every person the applicable tax of the state they live in. That blows ! X| Anyhow, isn't online tax applied only when you reside in the same state as the company headquarters ?? :confused:
R.Bischoff | C++ .NET, Kommst du mit?
Soliant wrote: Anyhow, isn't online tax applied only when you reside in the same state as the company headquarters ?? it's probably state-to-state, but in NC, you are required to pay sales tax on anything you buy via mail order or over the internet. there's a line on the state tax form where you're supposed to enter the total value of stuff you've purchased. think about it - if you buy out of state, your state loses sales tax. The State wants that money. (doesn't matter if you think it's fair or not) -c
Be very, very careful what you put into that head, because you will never, ever get it out. --Thomas Cardinal Wolsey
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I have made numerous purchases online in the U.S., however, I only incurred sales tax if the company was based in the state of my residence. O.k. that is fine. However, I just got off the phone with BestBuy.com, after making a purchase which they told me that they charge every person the applicable tax of the state they live in. That blows ! X| Anyhow, isn't online tax applied only when you reside in the same state as the company headquarters ?? :confused:
R.Bischoff | C++ .NET, Kommst du mit?
Several large retailers this week began collecting sales tax on Internet purchases. The move arose from an agreement among about 38 states and the District of Columbia that went into effect this week. The deal was struck last fall after states complained that they've been losing billions of dollars in tax revenue as online sales rise. In exchange for signing onto the agreement, the retailers will not be held liable for back sales taxes they may owe, according to people familiar with the agreement. Sales taxes coming to a site near you [^] Follow live World Cup Cricket scores here[^]
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Several large retailers this week began collecting sales tax on Internet purchases. The move arose from an agreement among about 38 states and the District of Columbia that went into effect this week. The deal was struck last fall after states complained that they've been losing billions of dollars in tax revenue as online sales rise. In exchange for signing onto the agreement, the retailers will not be held liable for back sales taxes they may owe, according to people familiar with the agreement. Sales taxes coming to a site near you [^] Follow live World Cup Cricket scores here[^]
See which states are involved in the Streamlined Sales Tax Project. http://www.nga.org/cda/images/USAMap.gif[^] Follow live World Cup Cricket scores here[^]
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I have made numerous purchases online in the U.S., however, I only incurred sales tax if the company was based in the state of my residence. O.k. that is fine. However, I just got off the phone with BestBuy.com, after making a purchase which they told me that they charge every person the applicable tax of the state they live in. That blows ! X| Anyhow, isn't online tax applied only when you reside in the same state as the company headquarters ?? :confused:
R.Bischoff | C++ .NET, Kommst du mit?
The company doesn't need to have a headquarters in your state. If the company has a manufacturing, sales, or retail presence in your state it must collect sales tax.
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I have made numerous purchases online in the U.S., however, I only incurred sales tax if the company was based in the state of my residence. O.k. that is fine. However, I just got off the phone with BestBuy.com, after making a purchase which they told me that they charge every person the applicable tax of the state they live in. That blows ! X| Anyhow, isn't online tax applied only when you reside in the same state as the company headquarters ?? :confused:
R.Bischoff | C++ .NET, Kommst du mit?
Companies are suppose to charge Sales Tax in any state in which they have a presence. It does not just have to be the H.Q. I'm sure that BestBuy has a retail store in almost every state. I'm sure that this is also the case with place like Walmart.com. As C.L. said, most states (VA is mine) probably have a form that you're suppose to fill out reporting all mail-order purchases. In VA, it's called a Use Tax and you're suppose to pay 4.5% on those purchases. I don't know a single person who does it.
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Several large retailers this week began collecting sales tax on Internet purchases. The move arose from an agreement among about 38 states and the District of Columbia that went into effect this week. The deal was struck last fall after states complained that they've been losing billions of dollars in tax revenue as online sales rise. In exchange for signing onto the agreement, the retailers will not be held liable for back sales taxes they may owe, according to people familiar with the agreement. Sales taxes coming to a site near you [^] Follow live World Cup Cricket scores here[^]
Your right Kant, I heard about this, however, I didn't know it was already in affect. Taxes, taxes, taxes! I need to live in one of the yellow states with no taxes (i.e. Oregon)
R.Bischoff | C++ .NET, Kommst du mit?
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Soliant wrote: Anyhow, isn't online tax applied only when you reside in the same state as the company headquarters ?? it's probably state-to-state, but in NC, you are required to pay sales tax on anything you buy via mail order or over the internet. there's a line on the state tax form where you're supposed to enter the total value of stuff you've purchased. think about it - if you buy out of state, your state loses sales tax. The State wants that money. (doesn't matter if you think it's fair or not) -c
Be very, very careful what you put into that head, because you will never, ever get it out. --Thomas Cardinal Wolsey
Chris Losinger wrote: think about it - if you buy out of state, your state loses sales tax. The State wants that money. (doesn't matter if you think it's fair or not) You have a point, but think about this, they just started it. My complaint is, there used to not be streamlined sales tax for online purchases but now there is (see Kant's post).
R.Bischoff | C++ .NET, Kommst du mit?
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Chris Losinger wrote: think about it - if you buy out of state, your state loses sales tax. The State wants that money. (doesn't matter if you think it's fair or not) You have a point, but think about this, they just started it. My complaint is, there used to not be streamlined sales tax for online purchases but now there is (see Kant's post).
R.Bischoff | C++ .NET, Kommst du mit?
Soliant wrote: but now there is and there will be new elections in 1.7 years :) -c
Be very, very careful what you put into that head, because you will never, ever get it out. --Thomas Cardinal Wolsey
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Your right Kant, I heard about this, however, I didn't know it was already in affect. Taxes, taxes, taxes! I need to live in one of the yellow states with no taxes (i.e. Oregon)
R.Bischoff | C++ .NET, Kommst du mit?
I don't undertstand this. :~ Last year, Congress extended a moratorium on Internet taxes that expires November 2003. Over the next year, mayors and governors will lobby Congress to permit taxes, while online retailers and free-market groups will ask for another extension on the moratorium. If moratorium on Internet taxes expires Nov 2003, how come these 38 states went ahead agreed with the large retailers and formed this new Streamlined Sales Tax Project? More confusion: Meanwhile, there's a move afoot in Congress to ban online sales taxes altogether. In January, Rep. Chris Cox, R-Calif., and Sen. Ron Wyden, D-Ore., renewed their efforts to prohibit online sales taxes by introducing a bill that would turn the current moratorium into an outright ban. The moratorium on discriminatory Internet sales taxes--which are taxes that wouldn't be levied on offline sales--expires in November. Follow live World Cup Cricket scores here[^]
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I don't undertstand this. :~ Last year, Congress extended a moratorium on Internet taxes that expires November 2003. Over the next year, mayors and governors will lobby Congress to permit taxes, while online retailers and free-market groups will ask for another extension on the moratorium. If moratorium on Internet taxes expires Nov 2003, how come these 38 states went ahead agreed with the large retailers and formed this new Streamlined Sales Tax Project? More confusion: Meanwhile, there's a move afoot in Congress to ban online sales taxes altogether. In January, Rep. Chris Cox, R-Calif., and Sen. Ron Wyden, D-Ore., renewed their efforts to prohibit online sales taxes by introducing a bill that would turn the current moratorium into an outright ban. The moratorium on discriminatory Internet sales taxes--which are taxes that wouldn't be levied on offline sales--expires in November. Follow live World Cup Cricket scores here[^]
Kant wrote: I don't undertstand this. Kant wrote: More confusion: I'm finding this whole thing simply illogical. Regardz Colin J Davies
Sonork ID 100.9197:Colin
I'm guessing the concept of a 2 hour movie showing two guys eating a meal and talking struck them as 'foreign' Rob Manderson wrote:
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I have made numerous purchases online in the U.S., however, I only incurred sales tax if the company was based in the state of my residence. O.k. that is fine. However, I just got off the phone with BestBuy.com, after making a purchase which they told me that they charge every person the applicable tax of the state they live in. That blows ! X| Anyhow, isn't online tax applied only when you reside in the same state as the company headquarters ?? :confused:
R.Bischoff | C++ .NET, Kommst du mit?
I have a funny anecdote that relates to Internet sales tax. My friend was invited as a guest the governer of Utah's birthday party, and he was supposed to bring the gifts to present to the governer (he was chosen because of his sense of humor, but I am surprised that they truseted him with that responsibility). Anyway, he brought three gifts: 1) A book entitled "Captilism, Why it Works!" 2) A book entitled (I forget, but something like Captialism for dummies) 3) A bottle of Wine (To mock Utah State liquor laws. Also you can only buy wine in the state run liquor stores). After he presented the gifts, he said, "All three of these items were of course purchased tax free on the internet." Then the Governer replied "Well Mr. , you will be hearing from the Utah state tax commision"
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