When we talk about buying on web, we can imagine sort of companies that engaged in this business like Amazon.com, Agribazaar.com and also e-bay. these companies was selling their products directly to the customers through the internet. the benefits that buyer will get is they are free from any taxes and the price is absolutely cheaper than what is offered by the boutiques.
But those tax breaks are starting to erode. With the recession pummeling states' budgets, their governments increasingly want to fill the gaps by collecting taxes on Internet sales, which are growing even as the economy shudders.And that is sparking conflict with companies that do business online only and have enjoyed being able to offer sales-tax free shopping.
p/s: so, for those who are the regular customers for these online companies must take an action now before they imposed taxes on shipping n etc..:p
Monday, January 19, 2009
Buying on Web to Avoid Sales Taxes Could End Soon
When we talk about buying on web, we can imagine sort of companies that engaged in this business like Amazon.com, Agribazaar.com and also e-bay. these companies was selling their products directly to the customers through the internet. the benefits that buyer will get is they are free from any taxes and the price is absolutely cheaper than what is offered by the boutiques.
But those tax breaks are starting to erode. With the recession pummeling states' budgets, their governments increasingly want to fill the gaps by collecting taxes on Internet sales, which are growing even as the economy shudders.And that is sparking conflict with companies that do business online only and have enjoyed being able to offer sales-tax free shopping.
p/s: so, for those who are the regular customers for these online companies must take an action now before they imposed taxes on shipping n etc..:p
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