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Online Trump Store Collecting States Sales Tax After Criticism


I have posted before on the Trump Online Store was not collecting Sales Tax in States where He had a Presence.

The Trump Store started Collecting State Sales Taxes on New York Residents' Online Purchases after being Criticized for not doing so, even as the President repeatedly accused Amazon of not Paying its fair share of Taxes to State and Local Governments.

The Research Director of the Institute on Taxation and Economic Policy, Carl Davis, said in a Blog Post Thursday that “the Trump Organization quietly updated TrumpStore.com’s Sales Tax Information Page this week to indicate that the company will now collect sales tax in New York.”

Companies must Collect Sales Taxes for Online Purchases made in States where they have a Physical Presence: Store, Warehouse, Sales Office, or Sales Representatives. The Trump Store has a Retail Space at Trump Tower in New York City, but the Site had earlier indicated that only Residents of Florida and Louisiana had to Pay Sales Tax on their Purchases through trumpstore.com.

The Anomaly was pointed out by Critics after it was Reported on a Website that opposes the Administration, Red State Disaster, and later reported by The Wall Street Journal and other Media. The Store also now Charges Sales Taxes for Online Purchases in Virginia.

A Spokesperson for the Trump Store said in an Email, "As stated previously, we have always, and will continue to collect, report, and remit sales taxes in jurisdictions where we have an obligation to do so.” President Trump has criticized E-Commerce giant Amazon's Tax Practices on Twitter, alleging at various times that it is a “no-tax monopoly,” doesn’t pay “internet taxes” and contributes “little or no taxes to state & local governments.”

But Amazon Collects Sales Taxes from Direct Purchases made in every State that has a Sales Tax. But it Collects in only Two States on Sales by other Merchants that use Amazon as a Platform.

Treasury Secretary Steven Mnuchin has questioned that practice.

For their Merchants who Store their Inventory in Amazon's Warehouses, State Sales Tax should be Collected where Required.










NYC Wins When Everyone Can Vote! Michael H. Drucker


     
 
 


This post first appeared on The Independent View, please read the originial post: here

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Online Trump Store Collecting States Sales Tax After Criticism

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