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re: Louisiana Sales Tax - Special Events - Paging Poodlebrain; LSUFanHouston
Posted on 4/10/16 at 11:44 am to Jabstep
Posted on 4/10/16 at 11:44 am to Jabstep
quote:
So both of your instincts say don't pay it and just wait until they're legall required to file sales tax?
What's going to suck about this is that I can promise you, up until the agent went trolling yesterday, many of these vendors may have had no idea about this new liability that took effect just 10 days ago after a short period. Meaning, they probably did not price their items for this.
So in the end, since they didn't price for it nor collect it as an add-on, it's going to come out of their profits. Of course it's going to hit the smaller vendors the worst.
Posted on 4/10/16 at 11:49 am to LSUFanHouston
quote:
What's going to suck about this is that I can promise you, up until the agent went trolling yesterday, many of these vendors may have had no idea about this new liability that took effect just 10 days ago after a short period. Meaning, they probably did not price their items for this.
This is the biggest thing. They're selling thinking no sales tax. Little do they know their margins just got trimmed by 5%.
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