More States to Collect Sales tax - killing AMZN sales
Amazon now collects sales tax in eight U.S. states including California and Texas, and New Jersey and Virginia will make the switch at beginning of 2013. Tennessee, Indiana, Nevada and South Carolina are also set to begin charging the levy on Amazon in the coming year.
Why do you think Amazon is advertising to acquire traffic/customers, financing 3P inventory, processing transactions and fulfilling the sale when it could do all of it internally?
Amazon is arguing that 3P sales in California are not subject to sales tax... It will continue to do so until Calpers gets smart and threatens to pull any direct or indirect investment in Amazon (which every state should do) at which time the Main Street Fairness Act would be unnecessary...