Quote:
Originally Posted by Fredman
What a mess this is going to be for internet sellers. They will have to raise prices to cover additional administrative costs.
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Over 60% of all internet sales are being done by the big internet sellers like Amazon and big box stores and they are already collecting state sales taxes on the products they sell online.
For those sellers who aren't already collecting out of state sales tax, like third party Amazon sellers and independent sellers, it will end up being just another option on software they already use to manage their sales and taxes.
In fact independent online sellers are already collecting sales tax on in-state shipments they make, and many internet sales platforms provide a service to handle in-state sales taxes already.
So I wouldn't doubt that big third party sales platforms, like Amazon and eBay, will add a sales tax collection service for sellers who use them and completely remove the administrative burden for them.
So I doubt that administrative costs will be a big problem for internet sellers.
Of course the sales tax on the items they sell will make their products more expensive, but I doubt the admin stuff will.