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Online sales take bite from Michigan sales tax income.

24 December 2009

Online sales continue to take a bite out of the potential tax cash that Michigan may be getting from the sales of items that in past times would be acquired in a brick-and-mortar shop. Michigan guesses it has lost $181 million in what are called use taxes in 2009, according to the state Dept of Treasury. "There isn't much we will do," asserted Caleb Buhs, a treasury speaker. Use taxes are basically sales taxes for items bought through the web except for "use" in Michigan.

The problem becomes worsened at the holidays when so much is purchased on the web. Michigan and other

...Michigan guesses it...

states, though , are pushing for an easier way to levy the varied sales taxes charged round the country. The goal is to one day assure the government to make it compulsory that internet stores charge a use tax and create what some folk call a level playing field for on-the-ground retailers. Read Wednesday's Lansing State Book for more on this report.

Posted by Elliot Cardenas Comments Links to this post

Mark said:
In just one use, it saved us from wasting thousands of dollars.
23 December 2009 15:01:08

Redback911 make money online now said:
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23 December 2009 15:04:38

insidetrack said:
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23 December 2009 18:46:18

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24 December 2009 03:28:09

Travis said:
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24 December 2009 04:31:21

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24 December 2009 17:10:42

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24 December 2009 19:50:12

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25 December 2009 06:27:17