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


To: Bill Jackson who wrote (164782)4/17/2001 10:33:52 PM
From: stubba  Read Replies (1) | Respond to 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.



To: Bill Jackson who wrote (164782)4/18/2001 8:59:05 AM
From: OLDTRADER  Read Replies (2) | Respond to of 176387
 
I have predicted that (CPQ_GTW etc demise)for 4 years straight years -right here!--DELL is and will continue to DELLMOLISH-"don't preach what you learned from others-and particularly on this thread.



To: Bill Jackson who wrote (164782)4/18/2001 9:16:44 AM
From: kemble s. matter  Read Replies (1) | Respond to of 176387
 
Bill,

DELL's efficiency is why I continue to believe...Tour their facilities...Those that have been with us when we did...Well, it's hard to explain that look of confidence in a long term shareholder...
OT has been right for a loooong time..."It's over"...And, these simple words really sum up why I love the competition...Many have enjoyed watching DELL skeptics proclaim DELL is just a boxmaker; all the while watching corporations world wide and consumers flock to DELL...Growing once again at a 4x the industry rate DELL is currently growing faster than it was in 97-99...

Best, Kemble