Amazon has been extremely successful at disrupting traditional businesses with their digital offerings. The company is primarily reliant on tax avoidance and pricing leverage when it does not operate a physical business in a specific state. Donald Trump recently blasted Amazon for not paying their fair share of taxes and Amazon stock has plummeted 11% over two weeks. Obviously, … [Read more...] about Would a Digital Sales Tax Crush Amazon?
sales tax
Pennsylvania Residents are now paying more for e-books
Pennsylvania has just implemented a six percent sales tax that will apply to digital downloads, such as audiobooks and e-books. Residents will now have to pay more money when they buy content from Amazon, Apple and Google. State officials believe that the added sales tax will bring in close to $47 million a year, when it goes into effect on Monday. Pennsylvania currently has … [Read more...] about Pennsylvania Residents are now paying more for e-books
Amazon’s Tax Woes Hit EU
The past few years have not been kind to Amazon in terms of sales tax. Once various states around the country discovered a veritable cash cow in trying to force Amazon to collect and submit sales taxes, lawsuits sprung up from every corner of the country, with states' attorneys general filing lawsuits to recover back taxes and state governments introducing new legislation aimed … [Read more...] about Amazon’s Tax Woes Hit EU
Amazon Tax Causes Decline in Sales Across the US
One of Amazon's more hotly contested and expensive legal battles has been what some states so blatantly dubbed "The Amazon Tax." According to a decades-old Supreme Court decision, catalog retailers and online retailers do not have to charge sales tax in states where they have no physical presence, but state governments realized that Amazon's distribution centers amounted to a … [Read more...] about Amazon Tax Causes Decline in Sales Across the US
Amazon Not Collecting Georgia Sales Tax, Despite Jan 1st Deadline
Despite the furor over state-by-state sales tax only a few years ago, not much has been resolved in terms of deciding whether or not online retailers had to collect sales tax in each individual state. The major target of a lot of the activity concerning rewriting states' tax laws was Amazon, whom many felt was shirking its responsibility by not collecting and turning over tax … [Read more...] about Amazon Not Collecting Georgia Sales Tax, Despite Jan 1st Deadline
Amazon Contracts Call for Discount to Cover VAT
As most of the “Amazon Tax” battles have been resolved in the US, Amazon is facing criticism over its practices with publishers in Europe over VAT, or value added tax. VAT battles have waged over ebooks across Europe since the rise in popularity of digital reading, not just with Amazon but with ebooks in general. Some countries levy as much as a 20% tax on ebooks, declaring … [Read more...] about Amazon Contracts Call for Discount to Cover VAT
Amazon Sales Tax Takes Effect in California
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
Amazon Inks New Sales Tax Agreement with Texas
Amazon has fought a never-ending battle on a state-by-state basis over varying sales tax concerns. The online retailer has been following a 1992 US Supreme Court decision concerning the collection of sales tax from customers if the retailer has a physical presence in that state, but in light of the firestorm of opportunity that swept the country when different states saw a … [Read more...] about Amazon Inks New Sales Tax Agreement with Texas
Congressional Bill for Online Sales Tax Supported by Amazon, ABA
Amazon’s sales tax woes may be coming to a close. The online retailer has spent countless millions and manpower hours fighting a state-by-state firestorm that severed a lot of working relationships between Amazon and its affiliate small business owners as state governments worked to pass legislation that would cause Amazon to have to collect sales tax for online purchases. The … [Read more...] about Congressional Bill for Online Sales Tax Supported by Amazon, ABA
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
Amazon Still At Work on Easing Sales Tax Debate
The struggles Amazon.com has faced on a state-by-state basis have been raging since last year and the online retailer seems determined to meet all of the battles head-on, even going so far as to spend as much as $5 million on a campaign to repeal the July legislation in California that requires the retailer to collect sales taxes on internet transactions. In states where Amazon … [Read more...] about Amazon Still At Work on Easing Sales Tax Debate