Quote:
Originally Posted by tschock
One wonders....
Understood that as a resident of a state with a sales tax, it was always my obligation to report unpaid taxes from out-of-state purchases to the state, but it is now making all internet sellers (barring thresholds), as agents of the state, to now collect and supply those out-of-state taxes to the state. This will put undue burden more on small businesses rather than larger ones.
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I disagree. As a small business owner I already am registered with the state for sales and use tax reporting. I am already required to collect, report and remit sales/use tax. As it stands right now I have to track different types of sales. It will be easier just to slap a tax on every sale than to differentiate intrastate and interstate sales. My tax return just got a lot simpler. Or it will once the states react to the ruling and rejigger their rules, forms and practices to meet the new standard.