From: steve harley
On 2011-01-24 16:55 , John Sessoms wrote:
> The internet sales tax is about 1/2% more than
> the sales tax on local purchases.
oh, you have to pay that? how does NC know?
They don't. That's why it's so screwy.
It's included on the state's personal income tax return form. Unless you
state a specific amount, you have to pay the tax on a percentage of your
adjusted gross income. There's a formula in the instructions you're
supposed to use to calculate the taxable amount.
The idea is the calculated amount represents the portion of disposable
income an "average person" spends on-line. It's really just a wild
guesstimate.
Like I said "screwy" ... because I'm to polite to say it's FUCKED UP!
Either you pay "sales tax" on the calculated amount or you have to state
a specific amount you spent on-line during the year and pay the tax on
that amount. If you state a specific amount, you're supposed to have
receipts to back it up.
I'm not so good at keeping track of those receipts.
Zero is a nice, round number; a specific dollar amount I'm happy with,
and I don't mind paying the internet sales tax on that amount ... but I
won't risk lying about it. The back taxes, interest and penalties would
be expensive if I got caught.
So, if I have a choice of buying locally or buying over the internet, I
buy locally so that I've already paid the sales tax. I'm trying to keep
my internet spending to zero so I won't have any problems entering that
number on my state income tax return. Makes for fewer receipts I have to
keep track of.
I think there are court cases pending against the tax, but unless/until
they're resolved in favor of the taxpayer, the state is allowed to
continue collecting the tax while it's still in dispute.
BTW, they also expect you to pay the tax (NC calls it a "USE TAX") on
physical purchases you make while on traveling outside of North
Carolina; anything purchased while out of state that you bring back to
North Carolina to USE.
If you buy souvenir T-shirts while you're on vacation, you're supposed
to pay the internet sales tax on those as well. Run out of toothpaste
while you're away and buy a new tube that lasts until you get home ...
NC says you're supposed to pay NC internet tax on that purchase.
Did I mention it's screwy, and that it pisses me off?
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