06-05-2012, 09:27 PM
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Super Moderator
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Join Date: 12-31-07
Location: Medford, NJ
Posts: 42,128
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Amazon, NJ Reach Online Sales Tax Deal
Eh, I'm a affiliate of Amazon and do purchase stuff from them a couple times a year.
Quote:
New Jersey residents in the market for some "tax-free" Amazon products had better act fast.
Starting in July 2013, the state will start owing the online seller a 7 percent sales tax, thanks to an agreement between the New Jersey Division of Taxation and Amazon.com. The deal will also include the construction of two distribution facilities in the state.
The contract says that by July 1, 2013, Amazon will begin voluntarily collecting taxes from customers and make necessary payments to the state.
Changes could take effect earlier if Congress can pass legislation for sales tax collection from out-of-state retailers before July 1. Last year, Amazon stood in favor of the Marketplace Fairness Act, a bill that provides states with the authority to collect online sales taxes.
Going forward, New Jerseyans will no longer be required to...
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Continued at: http://www.pcmag.com/article2/0,2817,2405114,00.asp
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