04-22-2013 05:56 PM
I understand that the United States Congress is planning to pass a bill that will force online sellers in the US to charge the appropriate State tax for every sale. Aparently eBay is lobbing hard to stop this bill and Amazon supports it.
On the surface it does not look like it will affect sales from out side the US - or will it?
Anyone have any additional info
04-22-2013 06:28 PM
This "battle" has been going on for years (even before the internet!).
The US Congress has hardly passed a single bill in the past 10 years I doubt this one is going anywhere fast.
Since the US does not have a Federal Sales Tax (yet) it's extremely unlikely that US Customs would get involved in the collection of local State sales taxes so there will be no effect on imports.
FYI - US residents who live in a State with sales tax are supposed to declare any put of state purchases on their income tax return and pay "use tax" on those purchase (use tax being sales tax). Of course out of all those US "I would never do anything illegal" people VERY few of them declare and pay their Use Tax.
04-22-2013 06:31 PM
This is old news myth. Consider state taxes are state laws and have nothing to do with the feds. Many states have laws requiring the collection of state sales taxes, they just do not heavily enforce them.
The federalies are not empowered to enforce state taxation. Two entirely separate jurisdictions.
04-22-2013 06:33 PM
04-22-2013 06:41 PM
includes an exception for business that make under $1 million a year in revenue.
04-22-2013 07:08 PM
This is old news myth.
Oh no!!!!!!
I think saw this on Fox News and Fox News would never lie - cause they are and I quote: "Fair and Balenced.
Heck - I bet you could even see this on Sun News.
04-22-2013 07:10 PM
Actually I saw it on BBC World News this morning and they do have some credibility.
04-22-2013 07:24 PM
No news outlet has any credibility. They do not report news, they create it.
Now, where's the little boy who cries "Wolf"?
04-22-2013 07:42 PM
No news outlet has any credibility. They do not report news, they create it.
Now, where's the little boy who cries "Wolf"?
No they don't - they Mansbridge it.
04-22-2013 08:01 PM
Read the whole link that Pierre posted. eBay sellers have a net profit of 8.3%. Interesting what the profit expectation is from a gov't standpoint.
04-22-2013 09:20 PM
Barry needs all the money he can get to put more soldiers in Africa>
04-23-2013 12:06 AM
Just like we do not have to charge Canadian taxes on out of country sales, I doubt that the US will .
04-23-2013 11:00 AM
In a recent online survey with over 11,700 respondents, Yahoo Finance asked;
"The Senate is considering a bill that would allow states to collect taxes on online purchases. Should there be an internet sales tax? "
Results:
Yes, states need the income (1137) 10%
Yes, it levels the field for brick & mortar stores (3479) 30%
No, zero tax is part of the e-commerce appeal (4814) 41%
No, it will hurt small online businesses (2307) 19%: