Internet Retailers and Sales Tax: What's Next?
The sale tax on Internet retailers discussion continues.
It is a growing issue not only for the BIG names in Internet retailing like Amazon, Overstock.com, etc., but the legislation and discussions being conducted may have a material impact on smaller businesses as well (depending on how the legislation defines "small business.")
If you are an Internet retailer OR a manufacturer, wholesaler, brick and mortar retailer, service provider, etc. who is thinking of selling over the Internet, the legislation discussion currently going on may have an impact on your business.
For more info on current developments regarding this issue, read AccountingToday's article.
Brian Strahle is the owner of LEVERAGE SALT, LLC where he provides state and local tax technical services to accounting firms, law firms and tax research organizations across the United States. He also writes a weekly column in Tax Analysts State Tax Notes entitled, "The SALT Effect." For more info, visit his website: www.leveragestateandlocaltax.com
You can reach Brian at firstname.lastname@example.org.
Because state and local taxes are deceptively simple and endlessly complicated.