Wednesday, February 20, 2013

AMZN: California Sales Tax Receipts Show Sales Tax Collection Impact

California Sales Tax Receipts Show Sales Tax Collection Impact
by Paulo Santos

California has just reported Q4 2012 sales tax receipts. This is the first full quarter since California changed its laws to enable more sales tax collection from online retailers, instead of trusting individuals to pay these taxes voluntarily (which they didn't). These numbers offer a view into the size of online retail being subjected to sales tax in California, as well as the impact on Amazon.com (AMZN). read more »

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