U.S. CitiesCity-Data Forum Index
Go Back   City-Data Forum > U.S. Forums > Texas
 [Register]
Please register to participate in our discussions with 1.5 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
Jump to a detailed profile or search
site with Google Custom Search

Search Forums  (Advanced)
Business Search - 14 Million verified businesses
Search for:  near: 
Reply Start New Thread
 
Old 04-27-2012, 02:45 PM
 
75 posts, read 151,447 times
Reputation: 89

Advertisements

Quote:
AUSTIN, Texas (AP) -
Online retailer Amazon.com reached an agreement with Texas officials Friday to settle a sales tax dispute by expanding operations in the state and starting to collect sales taxes.

The deal comes less than a year after Amazon shut down a distribution center in Irving to protest a $269 million tax bill sent by Texas Comptroller Susan Combs in 2010.

Combs and Amazon said in a joint statement that the settlement calls for the company to bring at least 2,500 jobs and $200 million in capital investments. The company will begin collecting and paying sales tax July 1. Last year Gov. Rick Perry denounced Comb's decision to collect the taxes, saying it would cost Texas jobs and discourage companies from moving to Texas.
Texans to start paying sales tax on Amazon.com in July - Dallas News | myFOXdfw.com

Looks like Newegg and other retailers will start to get some extra business due to this for larger purchases.
Reply With Quote Quick reply to this message

 
Old 04-27-2012, 03:14 PM
 
Location: Abilene, Texas
8,717 posts, read 4,409,238 times
Reputation: 55489
That really sucks for me because I buy a lot of stuff on Amazon. I really like Amazon because they are reliable, have reasonable shipping fees, and great customer service. I may have to shop at other online retailers for some purchases after this goes into effect.
Reply With Quote Quick reply to this message
 
Old 04-27-2012, 03:29 PM
 
Location: Volcano
12,534 posts, read 10,370,177 times
Reputation: 9642
Quote:
Originally Posted by reverse View Post
Looks like Newegg and other retailers will start to get some extra business due to this for larger purchases.
Temporarily, perhaps, but the clock is ticking for all other internet companies to begin collecting sales tax. There's no question that the sales tax "holiday" up til now helped build the business of internet retailing, but with state and local budgets in so much trouble I expect to see major legislative drives to close the "loophole."
Reply With Quote Quick reply to this message
 
Old 04-27-2012, 08:36 PM
 
6 posts, read 6,604 times
Reputation: 21
So how does this work exactly? Does the tax apply to someone b/c they're an instate resident? Or only if they buy something that ships from an area within the state borders?

Also what is the rate that will be charged? I know on average it's .0825% in Texas, but there are places where it's actually a cent or two less on the dollar
Reply With Quote Quick reply to this message
 
Old 04-28-2012, 12:39 AM
 
Location: Volcano
12,534 posts, read 10,370,177 times
Reputation: 9642
Quote:
Originally Posted by Revilo87 View Post
So how does this work exactly? Does the tax apply to someone b/c they're an instate resident? Or only if they buy something that ships from an area within the state borders?
With Amazon, the agreement is that they will collect Texas state sales tax on anything shipped to a Texas address.

The emerging rule is that a company that has any physical presence in Texas (office, warehouse, repair depot, etc.) will have to collect sales tax on shipments to Texas addresses, no matter where they are shipped from. Some other states have already been doing this for several years.

Quote:
Originally Posted by Revilo87 View Post
Also what is the rate that will be charged? I know on average it's .0825% in Texas, but there are places where it's actually a cent or two less on the dollar
That's not clear yet. The announcement was just made the other day.
Reply With Quote Quick reply to this message
 
Old 04-28-2012, 02:03 AM
 
Location: DFW
1,933 posts, read 1,636,732 times
Reputation: 916
Quote:
Originally Posted by OpenD View Post
Temporarily, perhaps, but the clock is ticking for all other internet companies to begin collecting sales tax. There's no question that the sales tax "holiday" up til now helped build the business of internet retailing, but with state and local budgets in so much trouble I expect to see major legislative drives to close the "loophole."
This was settled in the eighties with a catalog company in a supreme court case. Amazon.com doesn't have a retail presence in the state and they shouldn't have to charge sales tax.
Reply With Quote Quick reply to this message
 
Old 04-28-2012, 09:35 PM
 
28 posts, read 28,889 times
Reputation: 19
Thumbs down Amazon to collect state tax starting in July

Amazon.com agreed to begin collecting sales tax in Texas on Friday, forging a deal that promises to bring more jobs to the southern U.S. state and as the online marketer lost another round in a series of state-by-state sales tax battles.

The agreement, to take effect on July 1 for Texas' 6.25-percent sales tax, follows another accord reached with Nevada earlier in the week to begin collecting that state's 8.1 percent sales tax on Jan. 1, 2014.

Sales-tax deal with Texas is Amazon's latest | Reuters
Reply With Quote Quick reply to this message
 
Old 04-28-2012, 09:39 PM
 
Location: San Antonio/Houston
21,392 posts, read 23,081,435 times
Reputation: 51115
Tax on Amazon purchases
__________________
.
"No Copyrighted Material"
Moderated forums: Houston, San Antonio, Tallahassee, Macon, Duluth, Exercise and Fitness, Fish, Home Interior Design and Decorating.
When in doubt read: ToS, Mod List, Rules & FAQ's, Guide, CD Home page, How to Search
Reply With Quote Quick reply to this message
 
Old 04-28-2012, 10:38 PM
 
Location: Medina Co., TX
2,843 posts, read 2,216,922 times
Reputation: 2338
What a shame! I'll be doing more business with other internet companies in that case.
Reply With Quote Quick reply to this message
 
Old 04-28-2012, 11:00 PM
 
2,892 posts, read 2,403,026 times
Reputation: 2060
I would take this decision over state income tax any day.
Reply With Quote Quick reply to this message
Please register to post and access all features of our very popular forum. It is free and quick. Over $68,000 in prizes has already been given out to active posters on our forum. Additional giveaways are planned.

Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.


Reply
Please update this thread with any new information or opinions. This open thread is still read by thousands of people, so we encourage all additional points of view.

Quick Reply
Message:


Options
X
Data:
Loading data...
Based on 2000-2011 data
Loading data...

123
Hide US histogram

Over $84,000 in prizes was already given out to active posters on our forum and additional giveaways are planned!

Go Back   City-Data Forum > U.S. Forums > Texas

All times are GMT -6.

2005-2014, Advameg, Inc.

City-Data.com - Archive 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16, 17, 18, 19, 20, 21, 22, 23, 24, 25 - Top