|Internet Sales Tax|
States Push Hard For Online Sales Taxes By Year End
Ugh. What are you planning to do about this?
|States that have signed on to the voluntary approach include Arkansas, Indiana, Iowa, Kansas, Michigan, Minnesota, Nebraska, North Carolina, North Dakota, Ohio, Oklahoma, Kentucky, South Dakota, Tennessee, West Virginia, Wyoming, and Vermont. |
The three largest U.S. states--California, New York, and Texas--have not yet joined the group.
Kinda makes you wonder too, how will this affect those sites outside the US, who predominantly do business here.
In the city I live in there are a few multi-million dollar mail-order operations. They pretty much keep the city (and a portion of the state) running financially. It is hard to believe that those corporations don't have enough pull to slow this from happening.
This is not good
Perhaps the reason why CA, NY and TX haven't joined the group is because they can't pinpoint why they've lost tax revenues, if they've lost tax revenues. Also, I can see why for instance Wyoming is on the band wagon because their economy is mom n' pop businesses, relying on local sources, that goes for their government entities as well.
That being said, I don't look forward to a system of collecting from all my online customers and funneling the money back to their respective governments. Holy Paperwork Batman.