Quote:
Originally Posted by 00cooler00
Trump has said a lot of dumb things but this is just incoherent. I have no idea what he means when he says Amazon needs to pay an internet tax.
My understanding of Amazon and internet taxes is that Amazon charges the end buyer a sales tax in some states where they have a physical presence. There has been much case law and legal debate about whether Amazon needs to collect a sales tax when they sell their products to people in states where their only nexus is shipping products. The law may have changed as I haven't followed it closely recently or Amazon may have negotiated agreements with states where their warehouses are.
Is he saying Amazon needs to start collecting sales tax from all its sales? Is he saying Amazon needs to pay some sort of made-up new tax? He is a drooling moron that doesn't have the slightest clue what he's talking about?
I haven't heard much about this lately but iirc the debate was raging in many states (FL included, where I live) a few years back because retailers cried foul. Not only were they getting crushed by Amazon sales-wise (probably rightfully so) but they were forced to collect and remit sales tax to the state while Amazon wasn't...so first Amazon threatened to move out of states that forced them to collect and pay sales tax, then they caved and supposedly started collecting it as more and more states hopped aboard the revenue train.
(I bought something for our company on Amazon just yesterday and they did not collect sales tax fwiw, but I'm pretty sure I was buying from a third party)
Buyers are supposed to be submitting payment in the form of use tax as part of their monthly sales tax return, but I *think* that only applies to businesses. Or maybe it applies to everyone but they state doesn't have the resources to go after individuals so no one ever pays. We have to pay use tax on every taxable purchase we make for which the seller did not collect sales tax, whether bought on Amazon or elsewhere.
"Internet tax" is a product of Trump's boylike imagination afaik.
Last edited by Namath12; 06-28-2017 at 10:12 AM.