Monday, April 30, 2012

Amazon to collect sales tax, create 2,500 jobs in Texas

Amazon to collect sales tax, create 2,500 jobs in Texas

If Amazon's been your internet safe haven from the ravages of sales tax, you may want to sit down. As part of a settlement with the great state of Texas, Bezos' baby will start collecting the state's requisite 6.25-percent sales tax on July 1st. The settlement resolves the online retailer's ongoing dispute with the Lone Star state, which claimed that Amazon owed $269 million in back taxes.

Engadget, Amazon to collect sales tax, create 2,500 jobs in Texas

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