Small Internet Retailers Worry Internet Sales Tax Bill Is First Step on Slippery Slope to Wearing Pants at Work Again

newspaper

internet retailersWASHINGTON — Buy anything on the Internet lately without paying sales tax? In all but a few states, you’re probably a tax cheat. That’s right, even if Internet retailers don’t collect sales tax at the time of the purchase, you’re required by law to pay it in 45 states, including Maine, and the District of Columbia. Here’s the problem for states: hardly anyone pays the tax, and there’s not much states can do about it. The Senate is expected to pass a bill Monday making it easier for states to collect sales taxes for online purchases. Some of the nation’s largest retailers are rejoicing. But small-business owners who make their living selling products on the Internet worry they will be swamped by new requirements from faraway states. “It’s a huge burden for a company like ours,” said Sarah Davis, co-owner of Fashionphile.com, a California-based company that sells high-end pre-owned handbags and purses. “We don’t have an accounting department, we’ve got my father-in-law.” (read more at USA Today)

Related Posts