Supreme Court Refuses to Hear Internet Tax Debate Buy Jewelry Boca Raton

buy jewelry boca raton

Buy Jewelry Boca Raton

buy jewelry boca raton
Tax Loophole

This week, the Supreme Court of the United States refused to hear a case presented by in regards to the internet tax law in New York.  Under the current law, any sales made in the state of New York are required to collect sales tax.  This law was upheld even though Amazon is located in Seattle, Washington.  Amazon is arguing that it is against the law for the government to collect sales tax from business that don’t have facilities in that state.  However, New York law states that companies without a physical presence in the state must pay sales tax if they use a local resident to solicit business online.  Amazon is subject to the law because they pay commission to New York based affiliates to host online links.  That means if you buy jewelry Boca Raton from Amazon in New York, they must charge you sales tax.

Because the justices refused to hear the case, it leaves the current law in tact.  The justices also offered no comment in reference to the case.  Many brick-and-mortar stores, especially jewelry stores, have voiced their opinion on how advantageous it is to not have to collect sales tax for out of state sales.  Many jewelry companies have lobbied on capital hill to keep the law the way it is, where if you make a sale in Florida to a customer in California, no sales tax is collected.

In February of this year, the Marketplace Fairness Act of 2013 was introduced.  The act gives states the option to require the collection of sales tax and use taxes already owed by out-of-state businesses, instead of relying on customers to remit those taxes to the state.   The law passed in the Senate but has stalled in the House of Representatives.  According to Dick Durbin, one of the creators of the Act, the law will close the tax loophole.  It gives online retailers a huge advantage over brick and mortar stores because when you shop online you don’t have to pay sales tax.  It will level the playing field between those online and those local.

For businesses that sell online and in store, the law won’t affect them much, but for those who only do business online, it may hurt them.  Buyers may choose to shop locally because they can actually see and feel the product.  And since they aren’t saving money by shopping online, why not go see what you’re buying?  It seems as if customers will buy jewelry Boca Raton if they are local rather than shopping online.

by, Seth Marcus at Boca Raton Pawn


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