Wednesday, June 22, 2011

Amazon's looming sales tax : Share price ??

Snapshot Summary
-------------------------
. Amazon Sales tax saga continues.
. Big Global online business vs parochial States taxes
. Online businesses will get away with taxes as much as possible.
. With no physical store presence,
. Only 10 out of 50 US states impose sales tax.
. Some renege, toss between jobs or taxes.
. Competition among states for business investment,
. Eg, distribution centers,
.


http://www.ibtimes.com/articles/167926/20110622/amazon-bezos-sales-tax.htm

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