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NewsOnline Shoppers Beware! Internet Might Not Always Be a Tax Haven

Posted 06/20/08 at 03:14:55 PM by Pulkit Chandna

The days of tax-free purchases for online shoppers are numbered, feel many experts. A new law in New York has made sales tax mandatory on internet purchases. This has widened the grin on the faces of offline store managers in the state, who expect some internet shoppers to turn their attention and wallets towards them. New York might have just shown the way to other states that are deliberating upon ways to tax online purchases.

Read on to see why this is happening, and whether you'll be affected. 

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TAGS  law, amazon, wal-mart, retailers, online shopping, new york, tax, online purchases, tax-free, sales tax

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