[Foundation-l] the easy way or the less easy way
Ray Saintonge
saintonge at telus.net
Tue Jun 20 23:57:00 UTC 2006
Michael R. Irwin wrote:
>A stand out local feature is there is no state sales tax. Which means
>by current U.S. Federal law governing transactions over the Internet.
>This means any corporate store owned and operated locally can be set up
>to move goods inside the U.S. for revenue with no need to do the
>paperwork and collect sales taxes for 48 various U.S. states who do have
>a state sales tax.
>
The sale of goods is a very minor concern for us. Most businesses only
collect sales taxes from purchasers when the goods are delivered in
state. For an organization with employees the lack of a state income
tax may be more interesting. Florida does not have a state personal
income tax.
>Obviously foreign excise duties must be still be investigated and
>serviced if the intent is to ship worldwide.
>
That is usually the responsibility of the purchaser.
>Also various U.S. restraints regarding the export of regulated
>militarily applicable technologies as well as import regulations.
>
What good of this sort are you planning to export?
>The local law library is open by prearranged appointment a few hours a
>week. If there are any serious specific questions regarding Corporate
>advantage somebody could fly into Coos Bay International and do the
>detailed research. 8)
>
That's always a problem in small towns.
Ec
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