SI
SI
discoversearch

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 : Amazon.com, Inc. (AMZN)
AMZN 229.55+0.2%Dec 5 9:30 AM EST
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: fernand cloutier who wrote (3836)5/3/1998 11:09:00 AM
From: Glenn D. Rudolph  Read Replies (1) of 164684
 
I understand reading your post that AMZN does not charge sales tax because AMZN has
no physical stores anywhere.

This tax exclusion is only applicable in a remaing 12 states. Quill corporation was doing the same thing a few years ago and had to pay millions in state sales taxes from prior sales. This will occur to AMZN too and the remaining states are legislating the collection of taxes for sales with or without a physical presence.

I wonder how AMZN will raise the cash to pay the sales taxes they have not collected when the states come after them. More junk bonds?

Glenn
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News