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yes these have been several proposals to collect state sales tax on internet sales and at some point it will probably pass. The idea is based on the fact that merchants selling over the Internet are in fact selling merchandise and should be collecting and paying state sales tax to the various states. Many states have added a line to their income tax form where residents are required to state how much they purchased on the Internet and pay the sales tax that way. Obviously that only collects a percentage of the correct tax.
Many large national internet merchants do collect and submit sales tax. The current state of the law requires merchants who have a "nexus" in the state to collect sales tax. A nexus being a physical presence.
If your question is about a "national sales tax" a percentage added on sales and going to federal government there have been few if any serious proposals. Some have suggested a national sales tax in lieu of income tax.
What else can I help you with?
What is far tax?
The fair tax proposal is designed to modify the United States' tax code. It would replace all federal income taxes with a single broad national consumption tax on retail sales of new goods and services.
What is national sales tax?
A national sales tax is a consumption-based tax imposed on the sale of goods and services at the federal level. It is collected directly from consumers at the point of sale and is intended to generate revenue for the government. National sales tax can take different forms, such as a value-added tax (VAT) or a goods and services tax (GST).
When do you pay sales tax?
Typically sales tax is paid at the point of sale, hence the name. But depending on the state there are exceptions. If you buy goods from outside the state, and do not pay sales tax (internet sales!), you need to remit sales tax to your state. Most of the state income tax forms have a method provided for paying sales tax along with the state income tax.
When did the Michigan Sales Tax increase from 4 to 6?
The proposal that enacted the increase was adopted on March 15, 1994.
What is the sales tax?
The sales tax is a tax upon commerce, or the buying and selling of goods. It is imposed by national and local governments to pay for certain public needs.
Should Internet shoppers be required to pay federal taxes like people in malls and stores?
There are no federal sales taxes, so internet shoppers are no different from the shoppers in stores. There are also states where there is no sales tax in the malls and stores, such as New Hampshire, so those residents would not pay sales tax in any case. Similarly, if you buy via phone or mail-order catalog from an out-of-state supplier, you don't pay sales taxes if you're from a state that doesn't have a sales tax and you pay an equivalent "use" tax if your state has a sales tax on the type of goods you bought, whether it's internet, phone or mail. Bottom line, your state tax law determines whether you pay sales tax, and it has nothing to do with the Internet.
What is the percentage of the national sales tax?
The percentage of the national sales tax varies by country and can differ by region within a country. For example, in the United States, there is no national sales tax; instead, states impose their own sales taxes, which typically range from 0% to about 10%. In countries like Canada, the Goods and Services Tax (GST) is set at 5%, while provinces may add their own sales taxes. Always check the specific regulations in your area for the most accurate information.
What has the author Mahesh C Purohit written?
Mahesh C. Purohit has written: 'Sales tax and value added tax in India' 'Road map for national and sub-national VATs in India' -- subject(s): Congresses, Value-added tax 'Structure and administration of sales taxation in India' -- subject(s): Sales tax, States
If you live in a state and pay for training in a different state but you don't live there do you pay sales tax?
Sales tax is usually collected on all sales within a state, regardless of where the purchaser lives. The primary exceptions are some sales made over the Internet and sales made to tax-exempt organizations.
Where does congress derive the authority to stop tax on internet sales?
From the power to regulate commerce.
Where does congress derive the authority to stop a tax on on Internet sales?
From the power to regulate commerce.
What did hamilton propose to help erase the nation's debt?
Alexander Hamilton drafted his First Report on the Public Credit to outline a plan for eliminating the national debt. He did this at the request of Congress in order to pay of the debt and establish national credit.
