CNN Money is reporting that tax on online sales might be sooner than we think. For years if you bought online or via a catalogue you didn’t pay tax. I think the LAW is that you would figure your own tax and pay it, but merchants never enforced it. Of course if you buy from etailer X and live in etailer X’s state – then you do get taxed.
However, many states, 20 are increasingly wanting tax revenue from online sales.
“It’s a lot of money that’s not being collected and states are starting to do what they can to collect it,” said Alysoun McLaughlin of the National Association of Counties.
Latest posts by Ramon Ray (see all)
- Getting Funding Is Important. Smarter Loans Is A Service that Can Help - March 21, 2018
- Using Videos Effectively in Your Sales Process – A Guide. - March 19, 2018
- The Three Most-Overlooked Digital Marketing Hacks Small-Businesses Forget To Utilize - March 18, 2018