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Started By
Message
Amazon will start collecting sales tax nationwide starting April 1st
Posted on 3/24/17 at 6:54 pm
Posted on 3/24/17 at 6:54 pm
quote:
One of Amazon’s biggest early advantages over brick-and-mortar retailers will disappear for good next month. The company will on April 1st start collecting sales in the states of Hawaii, Idaho, Maine, and New Mexico, according to a report from CNBC. That means Amazon will collect sales tax in all 45 states that require it, ending one of the company’s more drawn-out regulatory fights that the e-commerce giant had resigned itself to losing years ago. (For the record, Alaska, Delaware, Montana, New Hampshire, and Oregon do not have a state sales tax.)
LINK
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Posted on 3/24/17 at 6:55 pm to Street Hawk
quote:
April 1st
interesting
Posted on 3/24/17 at 6:55 pm to Street Hawk
Switch to jet.com
This post was edited on 3/24/17 at 6:56 pm
Posted on 3/24/17 at 6:55 pm to Street Hawk
April Fool's!
Posted on 3/24/17 at 6:58 pm to Street Hawk
Already doing that here (Louisiana)
This post was edited on 3/24/17 at 6:59 pm
Posted on 3/24/17 at 7:02 pm to Street Hawk
Been collecting in Alabama since last fall. It's a big benefit for amazon here. They collect 8%, and if they submit the funds in "in a timely fashion", the state will reimburse them 2%. So, Amazon is now making 2% more in Alabama than before. Must be nice.
Posted on 3/24/17 at 7:11 pm to East Coast Band
quote:
Been collecting in Alabama since last fall. It's a big benefit for amazon here. They collect 8%, and if they submit the funds in "in a timely fashion", the state will reimburse them 2%. So, Amazon is now making 2% more in Alabama than before. Must be nice.
Not sure you know how sales tax discounts and penalties work. Pay early, get a discount. Pay one minute late, get penalty. The discount, means you pay "on time". Penalty for a minute after.
Posted on 3/24/17 at 7:14 pm to liz18lsu
Companies who collect sales tax are vendors for the state. It is a pass-through. I collect your tax, and give it to the state. I am being reimbursed for doing the state's job, of collecting their own taxes, on behalf of them.
Posted on 3/24/17 at 7:19 pm to liz18lsu
Bottomline is that Amazon is making money off charging me sales tax. To the tune of 25% of the tax collected. Incredible windfall. I could see a small return for credit, but 2% of the total 8%??
Posted on 3/24/17 at 7:19 pm to Titus Pullo
I can get a new liver from them, right?
Gonna do it before the 1st.
Gonna do it before the 1st.
Posted on 3/24/17 at 7:34 pm to Street Hawk
Correct me if I'm wrong, but they only already collect if your item is being shipped from the same state you're in.
Maybe im too intoxicated right now, but i read the op as they are only collecting sales tax in those named states without regard from where the package was shipped.
Maybe im too intoxicated right now, but i read the op as they are only collecting sales tax in those named states without regard from where the package was shipped.
Posted on 3/24/17 at 7:46 pm to East Coast Band
quote:
Bottomline is that Amazon is making money off charging me sales tax. To the tune of 25% of the tax collected. Incredible windfall. I could see a small return for credit, but 2% of the total 8%??
Yea nice deal they worked for themselves with Alabama
Posted on 3/24/17 at 7:55 pm to shotcaller1
quote:
Correct me if I'm wrong, but they only already collect if your item is being shipped from the same state you're in.
Does not matter. Typically vendors only supposed to charge tax when they have a physical presence in the state where the item is delivered. Now Amazon is charging tax no matter what
Posted on 3/24/17 at 7:59 pm to jennyjones
quote:
Typically vendors only supposed to charge tax when they have a physical presence in the state where the item is delivered.
In most states, if you are not charged sales tax, you are supposed to pay the sales tax to the state when you do your taxes. Most people don't obviously. So the states have lost millions and millions in tax dollars.
Not necessarily talking about you, but the outrage that many people are displaying about this is just laughable.
Posted on 3/24/17 at 8:01 pm to Street Hawk
Goddamn it
Posted on 3/24/17 at 8:15 pm to jennyjones
quote:
Does not matter. Typically vendors only supposed to charge tax when they have a physical presence in the state where the item is delivered. Now Amazon is charging tax no matter what
Ah thanks
Posted on 3/24/17 at 9:03 pm to jennyjones
I could see a savvy tax attorney sinking his teeth into this matter......and causing major headaches for states and amazon.
Posted on 3/24/17 at 9:12 pm to Street Hawk
quote:
Mainetiger
quote:
Maine
shite.
Posted on 3/24/17 at 10:06 pm to weagle99
quote:
Switch to jet.com
Jet charges sales tax in Louisiana. I believe they were purchased by Walmart and if this is the case, they will charge sales tax nationwide.
Posted on 3/24/17 at 10:07 pm to Street Hawk
quote:
Amazon will start collecting sales tax nationwide starting April 1st
Hasn't impacted my shopping in Louisiana. 3rd party vendors do not charge sales tax and many are listed as a Prime option.
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