[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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