Dell Technologies Inc. Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Dell Technologies Inc.

DELL 120.60

+1.8%

Jan 9 9:30 AM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Bill Jackson who wrote (164782)	4/17/2001 10:33:52 PM
From: stubba	Read Replies (1) of 176387

collection of sales tax I think you are missing a couple of key issues related to the sales tax issue. The DELL entity(s) that sells to corporate/gov't customers have a presence in virtually every state and are required to collect and remit sales tax unless provided with appropriate exemption certificates. This is not a significant issue for any of these entities because they would end up remitting use tax on their own even if DELL did not collect the tax. The DELL entity(s) that sell to individuals does not have a presence in most states and is not required to collect or remit sales taxes but the customer is required to remit use tax to the appropriate taxing authority. Most individual customers ignore that requirement. Some taxing authorities are becoming more aggressive and trying to obtain records from DELL that would allow them to more easily collect the use tax from DELL's customers. Dell's legal entity structure and careful planning is what allows them to avoid collecting sales tax from their individual customers in most states. The Gateway Country stores by themselves are not the reason that GTW must collect sales tax from their customers.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next