ABC News has a mainstream article about how Amazon is now losing their pricing advantage in at least six states where Amazon has established sales tax nexus and must collect tax.
At TaxConnex, we've been following the story of Amazon and sales tax nexus with great interest. Now, with the requirement to collect sales tax in several states, Amazon is losing its pricing advantage. The question is whether Amazon will lose market share, and market value, as a result.
We've just published the first series in our sales tax handbook which focuses on the issue of sales tax nexus. Download the handbook, then check out the ABC News story. Once you know the framework, the players and what is at stake, it is fascinating.