US Small Businesses Often Don't Charge On-Line Sales Tax

by Mike Godfrey, Tax-News.com, New York

30 August 2001

A new survey conducted by the National Federal of Independent Business found that 42% of small firms in the US do not charge sales tax on goods they sell online.

The NFIB polled over 750 small businesses and found that 20 percent of those selling online charge sales tax on everything sold through their websites, while 33 percent charge sales taxes on some of their online sales.

The study also found that 24 percent of small firms sell their goods and services online, although 61 percent have a website. Only 8 percent believe that their website has increased their profits.

If you're confused by sales tax, on-line or off-line, you may be interested in a new book just published by Internet sales tax guru Professor David Hardesty. The 80 page book covers all of the sales tax issues plaguing online companies; and is written for both tax professionals and financial managers.

Details at http://ecommercetax.com/doc/082601.htm.

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