Multistate – Here’s Why Amazon.com Doesn’t Care About the Sales Tax Ruling

“Amazon.com (NASDAQ:AMZN) was against an online sales tax before it was for it. Now that the Supreme Court has decided that states can require online retailers to collect sales taxes even if they don’t have a physical presence in their state, smaller internet-only retailers trying to make their own mark are put at a disadvantage. Fortunately, that’s a hurdle Amazon no longer has to worry about.

When Amazon was a lowly online start-up, a big part of its competitive advantage was its ability to beat the competition on price. Not charging sales tax contributed to its price advantage. Amazon used that leverage to grow into the internet behemoth we know today.”

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“For all of these reasons, whether Amazon has to collect sales tax in a particular jurisdiction is inconsequential to its success. That’s why it doesn’t fear the recent Supreme Court ruling. Its rivals may not be so fortunate.”

www.fool.com Rich Duprey (TMFCop) Jul 14, 2018 at 11:20AM F

For the full article – Here’s Why Amazon.com Doesn’t Care About the Sales Tax Ruling

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