Internet sales tax

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QMCS
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Internet sales tax

#1

Post by QMCS »

http://online.wsj.com/article_email/SB1 ... DEyWj.html" onclick="window.open(this.href);return false;

Oh great......another way to squeeze the middle class.
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puma guy
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Re: Internet sales tax

#2

Post by puma guy »

It's interesting that WalMart is pushing this. They charge sales tax on online sales for the jurisdiction where the item's delivered, but if you return it to a store with a lower or no sales tax you don't get the amount of sales tax you originally paid only the prevailing rate.
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sjfcontrol
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Re: Internet sales tax

#3

Post by sjfcontrol »

puma guy wrote:It's interesting that WalMart is pushing this. They charge sales tax on online sales for the jurisdiction where the item's delivered, but if you return it to a store with a lower or no sales tax you don't get the amount of sales tax you originally paid only the prevailing rate.
Then presumably, if you return it where taxes are higher, you make a profit?
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puma guy
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Re: Internet sales tax

#4

Post by puma guy »

sjfcontrol wrote:
puma guy wrote:It's interesting that WalMart is pushing this. They charge sales tax on online sales for the jurisdiction where the item's delivered, but if you return it to a store with a lower or no sales tax you don't get the amount of sales tax you originally paid only the prevailing rate.
Then presumably, if you return it where taxes are higher, you make a profit?
Presumably, but we haven't had a chance to test that. We did point that out to WalMart Corporate when we argued with their policy. Buy something in Oregon with zero and take it back in California with 8.52%. :lol: BTW we got our .79 back, but the store manager took it out of petty cash to resolve it.
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