This message was forwarded to you from ZDNet (http://www.zdnet.com) by 
[EMAIL PROTECTED]

Comment from sender:
FYI



Next time you're about to miss a critical file delivery deadline, we've
got three words for you: speed of light. UPS Document Exchange. The faster
way to send your critical files.
http://cgi.zdnet.com/slink?12915

   ---------------------------------------------------------------------

   This article is from ZDNN (http://www.zdnet.com/zdnn/).
   Visit this page on the Web at:
   http://www.zdnet.com/zdnn/stories/news/0,4586,2412443,00.html

   ---------------------------------------------------------------------

   While federal officials have imposed a moratorium on new Internet
   taxes, some taxpayers might be surprised to find their states soon
   asking them to pony up for online purchases made this year.

   Specifically, online shoppers in North Carolina and Michigan may get a
   bit of a surprise come tax time.

   [TABLE NOT SHOWN]

   Tax authorities in both those states have added new line items to
   state income tax forms, asking residents to total up their
   out-of-state purchases -- including items bought online -- and cough
   up the uncollected sales tax.

   In both states, that tax totals 6 percent.

   Officials are quick to point out that these are not new taxes -- both
   states have long required consumers to pay sales or use taxes on items
   purchased out of state. Michigan says its law dates back to 1937.

   In fact, all 46 states that charge a sales or use tax expect citizens
   to pay taxes on items bought out of state, including things like
   catalog purchases and stuff ordered over the phone.

   Only most consumers never do.

   Honor system
   "It's on the honor system, like most taxes. We have virtually 100
   percent compliance on the business end, because businesses are well
   aware of use tax and do pay, and we routinely audit businesses," said
   Bridget Medina, press secretary for the Michigan Department of
   Treasury. "But individuals just aren't aware of it."

   [TABLE NOT SHOWN]

   But until now, payment has been sketchy and enforcement difficult.

   With the sharp rise in online spending, however, states have come to
   the conclusion that they need to something to avoid losing out on all
   that uncollected revenue.

   "The Internet has brought it more into focus and exaggerated the
   effects of not collecting, especially to Michigan's Main Street
   retailers," Medina said. "Internet sales are just booming."

   Indeed they are. Jupiter Communications predicts consumers will spend
   almost $15 billion online this year. But very few of those sales will
   be charged sales tax. That's because states can't require an
   out-of-state firm to levy a tax on its behalf.

   Difficult to collect
   Businesses are only required to collect sales taxes in state where
   they have a presence such as offices or warehouses. That's why
   catalogs and online stores often include lines on their checkout forms
   saying something like "sales tax is applied to orders shipped to NJ,
   NY, VA and TN." Outside of the specified states, the consumer is left
   to his or her own devices.

   [TABLE NOT SHOWN]

   "We admit it is a difficult tax to collect. The bottom line, the tax
   is owed, if during the course of an audit it comes up, that's an
   issue," said Jeffrey Bousha, spokesman for Massachusetts Department of
   Revenue. Massachusetts requires residents to pay taxes on out-of-state
   purchases by filing a separate form. But Bousha acknowledged that many
   residents don't fill out the proper forms.

   Don't expect the states to call out the enforcement dogs to collect
   Internet taxes. Michigan, for example, will be holding a number of
   press conferences to increase awareness of the tax law, but is not
   planning on any extra enforcement.

   The Internet sales tax issue has thrown legislators and e-commerce
   companies into a quandary. After Congress passed a moratorium on new
   Internet taxes, it established a government commission to look into
   the matter. That commission has met several times without coming to
   agreement.

   One camp wants to keep the Internet a tax-free zone. Supporters of
   that notion include presidential candidate Sen. John McCain (R-AZ) and
   tax commission chairman James Gilmore, who is also the governor of
   Virginia.

   Loopholes hurt local government
   But others, particularly the National Association of Governors, object
   strongly to what they call "tax loopholes" that take revenue away from
   local governments.

   The NGA has proposed that the entire sales tax structure be
   simplified, with states and local governments adopting the same
   classification systems, definitions and audits so that "the primary
   responsibility for calculating, collecting, reporting, and paying the
   tax is lodged with "Trusted Third Parties" instead of the seller."[TABLE NOT SHOWN]

   ---------------------------------------------------------------------

   Copyright (c) 1998 ZDNet. All rights reserved. Reproduction in whole
   or in part in any form or medium without express written permission of
   ZDNet is prohibited. ZDNet and the ZDNet logo are trademarks of
   Ziff-Davis Inc.

Reply via email to