So much has happened since last year’s furor over the various state governments setting their sights on Amazon.com. In what was actually being dubbed the “Amazon Tax” in some political settings, state after state began insisting that the online retailer collect and fork over sales taxes for online purchases. For its part, Amazon relied on a 1992 US Supreme Court decision … [Read more...] about Amazon Sales Tax Takes Effect in California
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Amazon Takes Full Advantage of the Sales Tax Situation
Many major retailers have argued that if Amazon were finally forced to abide by the same sales tax laws that the retailers do, it would even the playing field in terms of what customer have to pay. The retailers felt that Amazon’s tax exempt status for customers in most states, as decided by the US Supreme Court twenty years ago, was luring customers away from their local … [Read more...] about Amazon Takes Full Advantage of the Sales Tax Situation
Kindle Still Reigns Supreme in Amazon’s Quarterly Report
Amazon’s first quarter figures are in and the clear winner is the Kindle. While the online retail platform posted a 19% increase in its media sales, the Kindle still won out as its top seller. While net sales increased 34% in this quarter, largely thanks to Amazon’s current bestselling item in the new Kindle Fire tablet, profits actually fell by 35% as Amazon invested in other … [Read more...] about Kindle Still Reigns Supreme in Amazon’s Quarterly Report
Amazon and Its Affiliates Triumph in California
Many small business owners, especially those who operate primarily or exclusively via internet retail business, have been keeping a watchful eye on how the raging nationwide sales tax debate was going to play out for Amazon.com. As more and more states attempted to make up for massive budgetary losses by insisting that the online retailer begin charging sales tax, the online … [Read more...] about Amazon and Its Affiliates Triumph in California