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

To: Mike M who wrote (7939)	6/28/1998 11:12:00 PM
From: IceShark	Read Replies (2) \| Respond to of 164687

Mike, Well at least you took the caps lock off. nobody pays taxes when ordering over the internet unless the recipient is in the same state as the company doing the shipping. This is not true if the "company" has a presence (nexus), as in a store, in another state. I believe B&N likely has a store in every state so they must collect and forward sales tax for any destination state they have nexus in, no matter where the book is shipped from. If they don't, they are breaking a law, period. Now AMZN apparently has no nexus except for WA. So the sales tax collection burden is not on them. The customer is supposed to report the purchase to his state and pay use tax; but we know how often that happens. -g- BTW, most states are trying to get at mail order use taxes and are now going after high dollar items. This is why Gateway collects sales tax even if they don't have a country store in your state. They had their family jewels put in a nutcracker; collect the tax or we will subpoena your records and do an audit on customers that bought your PCs. -nfg- AMZN's sales to any one individual are pretty small, so at this point the states have bigger fish to fry, and will not likely bother them - you don't spend $100 to try and collect 8 bucks of use tax. Get the point? Regards, DWW