The ebay message re this law is probably legit. In any case
the congress IS considering such a law. In essence it forces
all internet sellers to collect the sales tax due in the buyers state. If you 
live in a state with a law requiring that sales tax be paid on all out of state 
purchases (internet or not), often called a "use" tax, as the buyer you are 
required to pay this tax. The taxes already are on the books, they are often 
not enforced.

You can learn all about this with a Google search which will reveal all sorts 
of opinions. Here is one that is not too
bad:  

http://www.forbes.com/sites/beltway/2013/04/23/five-things-you-should-know-about-the-long-overdue-online-sales-tax-bill/

If you already comply with the law and do a lot of internet purchases; passage 
will relieve you of a pain in the ass accounting job at tax time. If your state 
has no such tax or if you avoid paying it, though your state requires it, 
passage will cost you some sale taxes you would have otherwise escaped.

One nasty consequence is that the software to pull this off is non-trivial 
since local sales taxes in many states vary by county, school district, local 
bond issues and so on. How that is handled should be amusing.

-73 john k6iql


 


 
_______________________________________________
time-nuts mailing list -- [email protected]
To unsubscribe, go to https://www.febo.com/cgi-bin/mailman/listinfo/time-nuts
and follow the instructions there.

Reply via email to