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Technology Stocks : Amazon.com, Inc. (AMZN) -- Ignore unavailable to you. Want to Upgrade?

To: i-node who wrote (89448)	1/3/2000 9:19:00 AM
From: Glenn D. Rudolph	Respond to of 164684

'm no sales tax expert; however, I know there was a landmark Supreme Court case a few years back involving Quill corporation. Suffice it to say, every state is going to want their piece of the action, and they are likely to get it very soon... I read this case some time ago. The basic premise was that if a state could fine the firm had a "nexus" in that state, sales tax may be applied. The definition of a nexus was left a little vague I believe intentionally for clarification later but presently a distribution center, operation center, etc. is considered a nexus. Barnes and Noble have their .com business as a separate firm so the nexus is only in three states which are NY, NJ and TN. TN is due to a distribution center. I do not know if Amazon is charging sales tax in Kansas or Nevada but they clearly have a nexus in those states not to mention Washington. Glenn