Streams

Amazon's Not So Secret War on Taxes

Thursday, May 30, 2013

Reporter Peter Elkind, co-author of “Amazon’s (Not So Secret) War on Taxes” in the June 2013 issue of Fortune magazine, explains Amazon’s tax-avoidance strategies.

Guests:

Peter Elkind
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Comments [2]

Tom from UWS

For decades we've shopped Land;s End and paid no sales tax, etc. And people regularly purchase in person items in one state for delivery in their home state - "beating" the sales tax. I've been with folks from CT or NJ doing this here in NY countless times.

But being in NY, I pay sales tax on Amazon, which (as your guest is saying) has presence in our state.

Yes, many people buy online to avoid sales tax. The same way the well-to-do have had expensive items shipped to one of their multiple addresses to do the same. We need to level this field, not complicate it further.

May. 30 2013 01:43 PM

there is no pricing edge to buying online to avoid tax because there's heavy shipping fees

May. 30 2013 01:38 PM

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