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Technology Stocks : Dell Technologies Inc. -- Ignore unavailable to you. Want to Upgrade?

To: willcousa who wrote (162158)	10/16/2000 11:48:13 AM
From: IceShark	Respond to of 176387

I think the issue with respect to Dell boils down to use tax and technological advances which will make it easier for the states to assess their individual citizens. They already have the corporations from the fixed asset portion of audits. But since many corps are not audited by the states, this will also catch some that is slipping away. Dell doesn't have long in this regard because the goods they sell have a high enough value that we are probably there in making it worth while. Then the states just subpoena them for their records, if need be. Dell has all the sales data on nice little data bases so they would have a very hard time arguing that complying would be unduly burdensome. Illinois has already done this over 10 years ago with the furniture outlets in North Carolina as well as O'Hare customs duty declarations. And if they apply penalties to the tax assessment it is even more cost effective.

To: willcousa who wrote (162158)	10/16/2000 12:05:25 PM
From: edamo	Read Replies (2) \| Respond to of 176387

willcousa ....."nexus" as a ceo of a multinational oil service firm, i will tell you that in practice that most local authorities care not a bit about "nexus". please read my response to rudedog, as there is a very cloudy definition of "physical presence". i quoted directly from the city of bremerton's position, new york state has maintained similar posture with a major doe subcontractor, as has maryland and virginia. a state can require whatever they want, whether you feel personally it is constitutional or not...all does not fall under usc 381 (a)(1) which regulates interstate commerce/taxation...in fact 409 us 275 (1972) hueblein v state of sc tax comm. addresses physical presence and tax liability of a foreign corporation. "catalogue vendors" are not what we are talking about....believe dell does visit major clients? in practical terms, easier to follow the path of least resistance then try to get a case before the supreme court. the tenacity of a local authority tax audit, is most times much fiercer then a irs audit....local authorities revel in fishing expeditions... hope this clarifies...ed a.