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Looks 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.
Earlier quoted context omitted.
Given that Amazon was founded in Seattle for tax reasons, I suspect Bezos is just as smart as Google in this case.
Yep. I suspect the state's claim won't stand when it's all hashed out, but that'll probably be after the next election...
You 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."
These are the warning shots. As commerce increasingly goes to the web, hungry states will be tapping more companies for a piece of the action.
I for one order all of my expensive hardware from out of state...
Isn't interstate commerce non-taxable, as per the constitution?
Amazon has fulfillment centers in Texas and a subsidiary as well. This may be sufficient to trigger Texas' state sales tax laws.
Isn't interstate commerce non-taxable, as per the constitution?
As long as there is more than one lawyer on the planet it won't be that simple. Amazon has fulfillment centers in Texas and a subsidiary as well. This may be sufficient to trigger Texas' state sales tax laws.
These are the warning shots. As commerce increasingly goes to the web, hungry states will be tapping more companies for a piece of the action.
I can't help but be sympathetic to local businesses though - lack of sales tax probably pushes a lot of their former customers towards online shopping; and to be fair, it is an unfair playing field (after all, the brick and mortars can't very well stop charging sales tax). I for one order all of my expensive hardware from out of state...