Yesterday, we reported on a new report from Jupiter Research saying that while it is likely that a sales tax on e-commerce purchased will be imposed sometime in the next three-to-five years, it will not serve as a "significant impediment to the growth of the online retail channel."
Well, that was quick.
The Washington Post reports today that companies that include Wal-Mart, Target, Toys R Us, and Marshall Fields already are voluntarily collecting sales taxes on items sold over the Internet. The companies involved not only operate e-commerce sites, but also have brick-and-mortar locations in the 45 states that have sales taxes.
The agreement to charge state sales taxes on Internet purchases was reached between a consortium of state governments and the retailers.
Well, that was quick.
The Washington Post reports today that companies that include Wal-Mart, Target, Toys R Us, and Marshall Fields already are voluntarily collecting sales taxes on items sold over the Internet. The companies involved not only operate e-commerce sites, but also have brick-and-mortar locations in the 45 states that have sales taxes.
The agreement to charge state sales taxes on Internet purchases was reached between a consortium of state governments and the retailers.
- KC's View:
