Here’s how Amazon wins the tax war with Trump
Published: April 2, 2018 / Author: Jim Seida
Accountancy professor Jim Seida wrote a commentary piece for CNBC regarding President Donald Trump’s attack on Amazon. Read the full story here.
Regardless of the Wayfair case’s outcome, more online retailers will likely collect sales taxes and this actually puts Amazon in a position to win. Given the large number of jurisdictions, various tax rates, and differing definitions of items subject to tax, sales tax compliance costs can be substantial.
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