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CNBC news reporting lo worst facts mo...

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Moviebuff001
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Username: Moviebuff001

Post Number: 3491
Registered: 06-2013
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Posted on Wednesday, June 28, 2017 - 01:26 pm:       


Abhysg:

amazon collects sales tax anukonta




Lolakulu:

Amazon collects sales tax from the states where it has distribution center.



With Whole foods, 43 states lo tax charge chestadu going forward. third party sellers di different issue.
 

Abhysg
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Username: Abhysg

Post Number: 39427
Registered: 08-2008
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Posted on Wednesday, June 28, 2017 - 01:07 pm:       

amazon collects sales tax anukonta.. nenu last time april lo order sesinapudu tax kooda unnattu gurtu..
 

Lolakulu
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Username: Lolakulu

Post Number: 513
Registered: 06-2017
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Posted on Wednesday, June 28, 2017 - 12:51 pm:       

Trump says Amazon does not pay internet sales tax.

https://twitter.com/realDonaldTrump/status/88004970462049484 8

CNBC says Amazon collects sales tax and pays from april 1, 2017. This is unreal i believe. Biggest lie.

http://www.cnbc.com/2017/06/28/despite-president-trumps-twee t-amazon-already-collects-sales-taxes.html


Amazon collects sales tax from the states where it has distribution center. kaani ikkada big loop hole undi. it does not collect sales tax from sales of third party sellers. This is pointed out by bloomberg. On average, the sales from third party sellers rounds to 55% of revenue of amazon in a year.

https://www.bloomberg.com/news/articles/2017-06-28/trump-att acks-the-amazonwashingtonpost-over-taxes.

States are loosing 25 billion dollars of sales tax from online sales in 2012 estimates.

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