Saturday, May 31, 2008

The end of tax-free e-commerce

One of the great things about shopping on sites like Amazon has been not having to pay a dime in taxes (or shipping, if you've spent enough). Since the dawn of Web commerce, the rule was that as long as a retailer didn't have a physical presence in the shopper's state, the company didn't collect a sales tax.



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[Source: Financial news of the day - CNNMoney.com]

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