Twitter's stock price has hit a new all time low, dropping to below $20 per share. Twitter's stock price has hit a new all time low, dropping to below $20 per share. seo
Amazon collects sales tax in other states where it has made big investments, or about half of the states according to the companyâs website. How much Ohio will receive from Amazonâs collection of the stateâs 5.75 percent sales tax is not clear.I mean, itâs the law. If you have a physical presence in the state, then you have to charge sales tax on online purchases, so I think itâs just the way it is,â said Christopher Klopfer from Worthington. âI use (Amazon) quite a bit, so I probably wonât stop.â.
Typically, an online retailer only has to collect sales tax in states where they have a physical presence, such as a storefront or a distribution center. That loophole cost states $17.2 billion in lost sales taxes last year, according to the National Conference of State Legislatures.