Jason, I will not argue the point anymore here on the List. It is turning into a purely political discussion. I just wanted to make online sellers aware that there may be some more excess taxation on the horizon. Just for the record, I believe in paying my fair share but dislike seeing it wasted on big government. Perhaps you can study the bill more, write a report and send it somebody who cares about another piece of misleading legislation.
Many states already collect taxes on minor sells, including garage sales and swap-meets. I know because I used to live in such a state. The million dollar limit is a myth to mislead people like yourself. Wait until you need to send a 1099 to your paper boy who is trying put himself though college and then get back to me. That's right, you don't read a paper and get all your information from the interment which must make it true so don't bother responding unless you absolutely need to get the last word in. Either way, I don't care, . Adam . ----- Original Message ----- From: Jason Utas <meteorite...@gmail.com> To: Adam Hupe <raremeteori...@yahoo.com> Cc: Sent: Monday, May 6, 2013 8:56 PM Subject: Re: [meteorite-list] Ebay, Websites and State Taxes Hello Adam, So...you can read that the million-dollar lower limit applies, no matter what. Right? So the small guy is fine. Jason www.fallsandfinds.com On Mon, May 6, 2013 at 7:21 PM, Adam Hupe <raremeteori...@yahoo.com> wrote: > You can read, great > > Thus you found the small print. The state is in charge therefore the small > guy will take a beating. > > Adam > > > > > ----- Original Message ----- > From: Jason Utas <meteorite...@gmail.com> > To: Meteorite-list <meteorite-list@meteoritecentral.com> > Cc: > Sent: Monday, May 6, 2013 7:10 PM > Subject: Re: [meteorite-list] Ebay, Websites and State Taxes > > Adam, > You're not telling the truth. > -------------------- > SMALL SELLER EXCEPTION.-A State is authorized to require a remote > seller to collect sales and use taxes under this Act only if the > remote seller has gross annual receipts in total remote sales in the > United States in the preceding calendar year exceeding $1,000,000. For > purposes of determining whether the threshold in this subsection is > met- > > 1) the sales of all persons related within the meaning of subsections > (b) and (c) of section 267 or section 707(b)(1) of the Internal > Revenue Code of 1986 shall be aggregated; or > 2) persons with 1 or more ownership relationships shall also be > aggregated if such relationships were designed with a principal > purpose of avoiding the application of these rules. > -------------------- > http://www.marketplacefairness.org/bill-text/ > > This also clears up the issue of whether or not a brick-and-mortar > store would have to accrue a total of $1,000,000 in sales -- versus > $1,000,000 in exclusively internet sales -- before being forced to > pay/charge taxes on online purchases. It's internet-only. In other > words, if your business grosses ~$1,500,000 in in-store sales, but > only sells $500,000 of merchandise online, you still wouldn't have to > pay any online sales tax. Unless your state has preexisting > provisions that require you to do so. > > Furthermore, the enforcement of this tax policy will be up to the > states. In other words, they can choose to enforce it (or not) as > they see fit. > > I'd read the document; it's only five pages. > > Regards, > Jason > > www.fallsandfinds.com > > > On Mon, May 6, 2013 at 7:09 PM, Jason Utas <meteorite...@gmail.com> wrote: >> Adam, >> You're not telling the truth. >> -------------------- >> SMALL SELLER EXCEPTION.-A State is authorized to require a remote >> seller to collect sales and use taxes under this Act only if the >> remote seller has gross annual receipts in total remote sales in the >> United States in the preceding calendar year exceeding $1,000,000. For >> purposes of determining whether the threshold in this subsection is >> met- >> >> 1) the sales of all persons related within the meaning of subsections >> (b) and (c) of section 267 or section 707(b)(1) of the Internal >> Revenue Code of 1986 shall be aggregated; or >> 2) persons with 1 or more ownership relationships shall also be >> aggregated if such relationships were designed with a principal >> purpose of avoiding the application of these rules. >> -------------------- >> http://www.marketplacefairness.org/bill-text/ >> >> This also clears up the issue of whether or not a brick-and-mortar >> store would have to accrue a total of $1,000,000 in sales -- versus >> $1,000,000 in exclusively internet sales -- before being forced to >> pay/charge taxes on online purchases. It's internet-only. In other >> words, if your business grosses ~$1,500,000 in in-store sales, but >> only sells $500,000 of merchandise online, you still wouldn't have to >> pay any online sales tax. Unless your state has preexisting >> provisions that require you to do so. >> >> Furthermore, the enforcement of this tax policy will be up to the >> states. In other words, they can choose to enforce it (or not) as >> they see fit. >> >> I'd read the document; it's only five pages. >> >> Regards, >> Jason >> >> www.fallsandfinds.com >> >> >> On Mon, May 6, 2013 at 6:47 PM, Adam Hupe <raremeteori...@yahoo.com> wrote: >>> Jason Wrote: >>> >>> ********************************************************************************* >>> I can't see how this new law would hurt small sellers, though. Since >>> only the companies making more than a million per year will have to >>> charge/pay taxes on inter-state sales, if anything, it gives an >>> advantage to the folks selling under that range. >>> ********************************************************************************* >>> >>> Don't be so naive. This bill allows states to make all sellers collect >>> taxes on their behalf and there is no real one million dollar exclusion: >>> read the small print. Just like the Affordable Healthcare Act was supposed >>> make healthcare affordable. Instead it was just one massive deceptive tax >>> increase that will punish those who can least afford healthcare with fines. >>> >>> I have no idea why the feds are involved in state business in the first >>> place. It is all driven by weak politicians who are being pressured by >>> large companies like Amazon who want online market share. >>> >>> At least here in Nevada, there are no state corporate taxes. >>> >>> Adam >>> ______________________________________________ >>> >>> Visit the Archives at http://www.meteorite-list-archives.com >>> Meteorite-list mailing list >>> Meteorite-list@meteoritecentral.com >>> http://six.pairlist.net/mailman/listinfo/meteorite-list > ______________________________________________ > > Visit the Archives at http://www.meteorite-list-archives.com > Meteorite-list mailing list > Meteorite-list@meteoritecentral.com > http://six.pairlist.net/mailman/listinfo/meteorite-list > ______________________________________________ > > Visit the Archives at http://www.meteorite-list-archives.com > Meteorite-list mailing list > Meteorite-list@meteoritecentral.com > http://six.pairlist.net/mailman/listinfo/meteorite-list ______________________________________________ Visit the Archives at http://www.meteorite-list-archives.com Meteorite-list mailing list Meteorite-list@meteoritecentral.com http://six.pairlist.net/mailman/listinfo/meteorite-list
