Amazon Texas Internet Sales Tax

Just a few thoughts on Amazon’s tax deal with the Texas Comptroller.

First, both parties win. Amazon will not have to fork over the past Internet sales taxes the Texas Comptroller was demanding. The Lone Star State will get more jobs as Amazon expands its physical presence including commercial warehousing and distribution centers. The state will also get future sales tax revenues collected by Amazon from Texas residents.

Second, Amazon is not anti-sales tax. The company supports the federal monstrosity known as the Main Street Fairness Act.

Third, it is small business, not the Amazons, that get crushed by taxes and regulation.

Author Mike Young, Esq.

Mike Young has been practicing business and technology law since 1994 and is an angel investor in startups. He's been an entrepreneur since 1988. To get legal help from Attorney Young, click here now or call 214-546-4247 to schedule a phone consultation.

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