Wal-Mart, Target volunteering to collect state sales taxes - GoFuckYourself.com

KRL · 02-10-2003, 07:04 AM

Wal-Mart and Target are voluntarily going to start charging consumers their state's sales taxes on online sales at their web sites.

This could have some dramatic taxation implications for everyone else who doesn't collect state sales taxes.

Wilbo · 02-10-2003, 07:13 AM

Yes, large brick and mortar companies trying to get the govt. to make all online transactions taxable. They're trying to get rid of one of the bigggest benifits of online shopping.

Scootermuze · 02-10-2003, 07:27 AM

Could cause them some major problems if they're collecting taxes without the approval of the taxing authorities.

But then Walmart is in every state, so I guess they'd have the ability to do that..

Probably be some flack about it all before it's over..

Brad Mitchell · 02-10-2003, 08:57 AM

The reason they have to collect state sales tax, arguably, is that they have a physical presence in each and every state. It's the reason why Dell collects sales tax when they sell to me in Michigan even though I'm buying from Texas... but Schmuck Computer, Inc. in Ohio doesn't charge sales tax.

Brad

KRL · 02-10-2003, 09:08 AM

In the news report I saw this on, it said they were worried, because they have retail locations that the states were going to attempt to hit them with years of back sales taxes since whenever they started selling online so they decided to take action ahead of any forced order and start collecting them now.

02-10-2003, 07:04 AM	#1
KRL Entrepreneur Join Date: Oct 2002 Location: USA Posts: 31,429	Wal-Mart, Target volunteering to collect state sales taxes Wal-Mart and Target are voluntarily going to start charging consumers their state's sales taxes on online sales at their web sites. This could have some dramatic taxation implications for everyone else who doesn't collect state sales taxes. __________________ If you would like to develop your domains, you can lease inexpensive foreign labor from the leaders in the field at iWebmasters.com TO LOWER YOUR COSTS AND INCREASE YOUR PRODUCTION! * * * * * * * * * * * * Domains Adult News KRL's Newsletter Biz Tips Just Listed Domains

02-10-2003, 08:57 AM	#4
Brad Mitchell Confirmed User Industry Role: Join Date: Nov 2001 Location: Southfield, MI Posts: 9,812	The reason they have to collect state sales tax, arguably, is that they have a physical presence in each and every state. It's the reason why Dell collects sales tax when they sell to me in Michigan even though I'm buying from Texas... but Schmuck Computer, Inc. in Ohio doesn't charge sales tax. Brad __________________ President at MojoHost \| brad at mojohost dot com \| Skype MojoHostBrad 71 industry awards for hosting and professional excellence since 1999

02-10-2003, 09:08 AM	#5
KRL Entrepreneur Join Date: Oct 2002 Location: USA Posts: 31,429	In the news report I saw this on, it said they were worried, because they have retail locations that the states were going to attempt to hit them with years of back sales taxes since whenever they started selling online so they decided to take action ahead of any forced order and start collecting them now. __________________ If you would like to develop your domains, you can lease inexpensive foreign labor from the leaders in the field at iWebmasters.com TO LOWER YOUR COSTS AND INCREASE YOUR PRODUCTION! * * * * * * * * * * * * Domains Adult News KRL's Newsletter Biz Tips Just Listed Domains

02-10-2003, 07:13 AM	#2
Wilbo Confirmed User Join Date: Mar 2001 Location: Baltimore Posts: 2,082	Yes, large brick and mortar companies trying to get the govt. to make all online transactions taxable. They're trying to get rid of one of the bigggest benifits of online shopping.

02-10-2003, 07:27 AM	#3
Scootermuze Confirmed User Join Date: Dec 2001 Posts: 4,513	Could cause them some major problems if they're collecting taxes without the approval of the taxing authorities. But then Walmart is in every state, so I guess they'd have the ability to do that.. Probably be some flack about it all before it's over..