Re: Taxes in the digicash world (fwd)

17 Dec 2003


      Forwarded message:
...
Date: Wed, 31 Jul 1996 12:14:50 -0700
From: tcmay@got.net (Timothy C. May)
Subject: Re: Taxes in the digicash world
* electronic and computer goods are often untaxed because many order them
via mail-order. There have been proposals to tax out-of-state purchases,
but the logistics and legal issues are murky (who gets the tax? and why
should Idaho, for example, get the tax revenue for an item ordered from
Georgia?).
The State of Texas requires by law that tax be paid on out of state
purchases. You legaly should send in a check with copies of the receipts
each year to the State Comptrollers Office. Historicaly everyone ignores it.

                                                    Jim Choate