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Message
re: SCOTUS rules states can collect sales taxes for all online sales
Posted on 6/21/18 at 11:34 am to LSURussian
Posted on 6/21/18 at 11:34 am to LSURussian
quote:
I seriously doubt state revenue departments would want to have to process sales tax remittances of de minimis amounts each month.
I think you'd be wrong. Especially if those taxes are collected online and they charge a $5 fee to process them online.
Like SFP said we are just getting started on this so who knows. The one thing I am thinking about is how long before cities and counties want in on this game of lost revenue and they start to petition the State to be able to get taxes on items shipped into their county and city.
It's a big arse can of worms.
0
Posted on 6/21/18 at 11:36 am to Jbird
just saying thats why online sales have grown so much to outpace brick and mortar. people like the convenience and savings of online sales
adapt or die
adapt or die
Posted on 6/21/18 at 11:36 am to Quidam65
So the amount of sales tax that the Louisiana legislature needs to raise in this special session just went down. Let’s be sure they get the memo!!!
Posted on 6/21/18 at 11:36 am to LSURussian
quote:
The rates sure a hell don't change daily. And states put their sales tax rates on their websites. Way too much overreaction about the "burden" it would become, IMO.
You also are required to have licenses to sell in states and report sometimes quarterly. In some states, once you've filed the first time, you have to continue even if you don't make any sales in that state for the next year. You can still get in trouble for not filing saying you had zero sales. Imagine having to do that for 20-30 states as a small business operating out of your home office, and probably having 10-15 different filing dates.
I can see how this can be a huge pain in the arse. Of course there are probably dollar thresholds you have to meet to even have to file (differing by state of course).
Posted on 6/21/18 at 11:36 am to Cruiserhog
quote:Not what you said water head.
just saying thats why online sales have grown so much to outpace brick and mortar. people like the convenience and savings of online sales
Posted on 6/21/18 at 11:37 am to JasonMason
governments have been destroying margin forever. why are you guys surprised? amazon will black ball any state that takes too much margin. simple.
This post was edited on 6/21/18 at 11:39 am
Posted on 6/21/18 at 11:40 am to Mud_Till_May
I'm more thinking of this from the perspective of introducing more cumbersome regulation and barriers to entry for some one trying to start a small business. It's daunting and risky enough in its own right.
Posted on 6/21/18 at 11:43 am to Quidam65
This will hurt online retailers. Brick and mortar stores can sell an “experience” that online retailers cannot replicate.
To balance this, online retail gives an effective discount of 10% or so by not charging tax.
I think that was a fair and balanced trade off and without that online will be at a disadvantage and there is no incentive from brick and mortar to step up their game.
The consumer loses.
To balance this, online retail gives an effective discount of 10% or so by not charging tax.
I think that was a fair and balanced trade off and without that online will be at a disadvantage and there is no incentive from brick and mortar to step up their game.
The consumer loses.
Posted on 6/21/18 at 11:46 am to Mud_Till_May
quote:
amazon will black ball any state that takes too much margin. simple.
I don’t think Amazon has as much power as you think in that scenario. Now it just makes other businesses sprouting up in the void that will the happen.
This should affect all online sales as I would guess most people do not pay taxes on online sales and that is partially where the decrease in price comes to the consumer.
Posted on 6/21/18 at 11:46 am to brian_wilson
quote:
there are services that integrate with your ecommerce engines. I think the problem will be applying for all 50 state state tax licenses.
I wouldn't be surprised if they just set it up so an online vendor piggybacks on Shopify or Amazon or eBay's licenses. That would make it fairly simple.
Posted on 6/21/18 at 11:47 am to makinskrilla
quote:
The consumer loses.
Do they? The closing of brick and morter has not been good for some areas regarding jobs.
I agree in that there is waste in the process though that is being added back.
This post was edited on 6/21/18 at 11:49 am
Posted on 6/21/18 at 11:50 am to Cruiserhog
quote:Online sales represent approximately 10% of total retail sales.
just saying thats (sic) why online sales have grown so much to outpace brick and mortar.
Do you have a link that says online sales now "outpace" brick and mortar retail sales, or are you just making shite up as usual?
Posted on 6/21/18 at 11:52 am to LSURulzSEC
quote:Yeah, this seems incredibly pro-Amazon, since people in many states were already paying sales tax if Amazon had a big operation in their state.
So now these small businesses from home will have to figure out taxes for all 50 states...this is a small business death sentence...
Posted on 6/21/18 at 11:57 am to RobbBobb
quote:It's far from clear that the effect will be like you say:
This will significantly effect Amazon. A lot of their items just increased by 10%. And their margins have always been very thin anyways
quote:
Many U.S. states have passed online shopping sales tax laws designed to compel Amazon.com and other e-commerce retailers to collect state and local sales taxes from its customers. Amazon.com originally collected sales tax only from five states as of 2011, but as of April 2017 collects sales taxes from customers in all 45 states that have a state sales tax and in Washington, D.C.[1] Amazon does not collect sales taxes from Alaska, Delaware, Montana, New Hampshire, and Oregon, since those states do not have state sales taxes. Additionally, approximately half of all Amazon.com purchases are sold on the Amazon Marketplace through 3rd-party vendors, and these purchases remain free of tax except for in Washington state,
Prior to today's decision, it looks like half of Amazon's sales were already being taxed in all 45 states that have sales taxes.
I think the much bigger impact will be on small business. I think Amazon probably likes this decision.
Posted on 6/21/18 at 11:57 am to NikolaiJakov
It shouldn't even be that complex either.
Even if Wal Mart exists in West Monroe, LA, but the product I need is not available, if I order online the product is being shipped from a location outside the physical area where I live.
Instead of hammering brick and mortar which will only allow the behemoths more power they should have reversed the states sales tax available to chain stores like Target, Amazon, Wal-Mart, etc...
But, we knew that would not happen, oh no. I ordered a book from Books A Million last Saturday that wasn't in stock at the store and had to pay sale tax online for the order. The fricking thing wasn't even at the store. Had I traveled to the location and picked it up how in the hell could they charge me sales tax within Louisiana?
Anytime the consumer finds a way to crawl out from the tyranny of taxation the government comes in and reverses the market back to where they get their money.
frick government.
Even if Wal Mart exists in West Monroe, LA, but the product I need is not available, if I order online the product is being shipped from a location outside the physical area where I live.
Instead of hammering brick and mortar which will only allow the behemoths more power they should have reversed the states sales tax available to chain stores like Target, Amazon, Wal-Mart, etc...
But, we knew that would not happen, oh no. I ordered a book from Books A Million last Saturday that wasn't in stock at the store and had to pay sale tax online for the order. The fricking thing wasn't even at the store. Had I traveled to the location and picked it up how in the hell could they charge me sales tax within Louisiana?
Anytime the consumer finds a way to crawl out from the tyranny of taxation the government comes in and reverses the market back to where they get their money.
frick government.
Posted on 6/21/18 at 11:57 am to Big Scrub TX
Amazon is already collecting 7% sales tax on my orders. The real question is who are they paying it to? Alabama state sales tax is 4%. Where is the other 3% going?
It is a crime to collect a sales tax and keep it.
It is a crime to collect a sales tax and keep it.
Posted on 6/21/18 at 11:59 am to JuiceTerry
Prices will not change. Just taxes will he added at the check out page.
Question. Ruling says “states” can collect taxes. What about local/parish/county/Burroughs taxes?
Question. Ruling says “states” can collect taxes. What about local/parish/county/Burroughs taxes?
Posted on 6/21/18 at 12:02 pm to Quidam65
Smart states will exemp or have minimal taxation on internet sales.
That will be where the big online sellers relocate to
That will be where the big online sellers relocate to
Posted on 6/21/18 at 12:02 pm to SlowFlowPro
quote:Probably not much impact on Amazon's end, but a different story for the individual sellers though.
compliance is where it will
Posted on 6/21/18 at 12:07 pm to Rhino67
So my take on this is that this is a failing of Congress to define where a transaction takes place so that taxation can be properly applied. The current application has far too many caveats.
For instance, if I buy a car out of state I still have to pay taxes on the purchase in my home state. However if I by a candy bar in another state, I do not have to pay taxes on it in my home state. That's just silly.
A business transaction should be considered to be taking place at the location of the business. For an e-transaction it should be considered at the physical location of their system doing the financial transfer (because at it's most basic the transaction is where the money changes hands). Companies running cloud environments that handle transactions would need to either house their cloud components within one taxing district or include code that denotes the location where a transaction was processed.
Otherwise this puts the burden of tax rates on the user (and they are far less likely to necessitate moving based on a sales tax than businesses are).
For instance, if I buy a car out of state I still have to pay taxes on the purchase in my home state. However if I by a candy bar in another state, I do not have to pay taxes on it in my home state. That's just silly.
A business transaction should be considered to be taking place at the location of the business. For an e-transaction it should be considered at the physical location of their system doing the financial transfer (because at it's most basic the transaction is where the money changes hands). Companies running cloud environments that handle transactions would need to either house their cloud components within one taxing district or include code that denotes the location where a transaction was processed.
Otherwise this puts the burden of tax rates on the user (and they are far less likely to necessitate moving based on a sales tax than businesses are).
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