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How much of a competitive disadvantage are they at relative to Amazon due to the sales tax situation? Speaking of which, how many people actually report and pa
by orijing 15y ago
How much of a competitive disadvantage are they at relative to Amazon due to the sales tax situation?
Speaking of which, how many people actually report and pay the use taxes on purchases from Amazon?...
- mortenjorck 15y agoIllinois just added a new line to its income tax form in which it is implied "ok, you bought stuff online and didn't keep track of it because you never wanted to pay this stupid tax anyway. So here, just look up your base income on this five-line table and that's what we'll call your use tax for the year." To my knowledge, California already does this, as well as a few other states. This leads me to believe that the ongoing battle over Internet sales tax may have found a compromise at this point in flat-fee use taxes.
- ahi 15y agoI actually managed to do my taxes early this year, but I think I remember Michigan giving the option of stating how much you owe, or if you're not sure paying $50. I'm sure a lot of people just put in $0 for how much they owe. I figured it was worth $50 to get rid of the 1 in a million chance that lying came back to bite me in the ass.
- orijing 15y agoA flat use tax is the equivalent of no use tax at all in terms of purchase incentives. How does compromise address the competitive discrepancies?
- mortenjorck 15y agoAt least in Illinois' case, the competitive discrepancies were second to keeping the state government running.