The New "What did you do with your Z today" (with off topic replies) V

JARblue

Not if you order it online from a vendor out of state...

Currently, there is legislation being proposed that allows vendors to charge tax on any online sales. This will screw over small businesses and individual consumers alike. In addition, individuals will be subject to auditors from out of state Ridiculous: the kind of $hit that goes on in Congress

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ZMan8

Yeah it's called Use Tax and most states already enforce it. Basically on the state tax return they ask you to provide the amount you have purchased out of state and then how much tax you paid on that amount (if 0 tax paid, you will owe to the state)

While still not yet tracked too much, if the state govt wants to audit amazon, and other online vendors, they will see who the sales were made to and then ask if taxes were paid, if they were not, the State can hold you liable for taxes+interest for late taxes+ penalty for not showing it on the tax return.

In Illinois the use tax went into effect 2011, but most professionals think it will not be enforced until 2015.

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2010 370Z 40 Anniv., 6 MT | Fast Intentions | Swift Springs | SPC | Z1Motorsports | JWM | Redline Oils | 35% Window Tint
2015 Mazda6 | 370ZChicago: Chicago Area Cars & Coffee

kenchan

very nice!

hahahaha, yah even ps elements can do things i would never really need.


yep, i pay use tax ever year. 2012 was like $800 or something i paid recently. pretty low for me since i didn't buy music gear last year.

Pintsize725

Not for Amazon.com though. That was one of the stipulations (sp?) of luring Amazon back in. They didn't have to pay back what was due before, but would have to start charging tax from whatever point on.

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Tracie