Quote:
Originally posted by jade_dragon
Your business is registered in Deleware not New York, the origins of the shipment do not at all matter. all I know about this is some states are trying to pass interstate net based commerce laws so you have to keep on top of the info.
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Think you are wrong on this one. We are publicly traded (OTCBB:OTEN) so we may be under tighter scrutiny, but I have a CPA in house and I am assured that any sale within NY needs to be taxed regardless of our Delaware incorporation. I am told what matters is the shipping address. One solution is setting up a warehouse (3rd party drop shipper) out of state to ship our NY orders so we don't have a problem. but that may have liability ramifications as well.
recommendation to AllAmerican2003 is to speak to a certified accountant to be sure...state tax audits are brutal, happen quite often and can destroy your business.