Texas sends Amazon a $269M uncollected sales tax bill
1–10 of 51 posts
Re: Texas sends Amazon a $269M uncollected sales tax bill
#2You wonder how Texas would even know what amount to bill. That works out to $4.3 billion dollars in sales at a 6.25% tax rate.
Re: Texas sends Amazon a $269M uncollected sales tax bill
#3everything's bigger in Texas
Re: Texas sends Amazon a $269M uncollected sales tax bill
#4You wonder how Texas would even know what amount to bill. That works out to $4.3 billion dollars in sales at a 6.25% tax rate.
Or it could be a $269MM fine on top of a one cent tax bill.
Re: Texas sends Amazon a $269M uncollected sales tax bill
#5Looks like amazon needs to hire google's accountant.
Re: Texas sends Amazon a $269M uncollected sales tax bill
#6Immediately suspend sales to anyone in the state of Texas.
Re: Texas sends Amazon a $269M uncollected sales tax bill
#7Immediately suspend sales to anyone in the state of Texas.
That won't help with the ongoing litigation. It won't even put pressure on the state officials. It would just cut into Amazon's existing business with people in the state.
Re: Texas sends Amazon a $269M uncollected sales tax bill
#8Looks like amazon needs to hire google's accountant.
Given that Amazon was founded in Seattle for tax reasons, I suspect Bezos is just as smart as Google in this case.
Re: Texas sends Amazon a $269M uncollected sales tax bill
#9These are the warning shots. As commerce increasingly goes to the web, hungry states will be tapping more companies for a piece of the action.
Re: Texas sends Amazon a $269M uncollected sales tax bill
#10You wonder how Texas would even know what amount to bill. That works out to $4.3 billion dollars in sales at a 6.25% tax rate.
Because the state audited Amazon. FTFA:
"Amazon.com was audited for sales tax covering the time period of December 2005 to December 2009. They were assessed a liability and billed in August 2010. The company has requested a re-determination which means this is an ongoing audit and could be decided as part of the administrative hearings process. The company would send documents and this process will continue."