Weekly Roundup: Amazon Makes Sales Tax Moves


When Amazon makes moves, it tends to draw attention. Recently the company made headlines for an increase in stock prices after the release of its fourth quarter earnings. Forbes put it this way, comparing Amazon to Apple, “Amazon (AMZN) reports disappointing revenues and profits and its stock soars 10%. But when Apple (AAPL) meets revenue targets and beats profit forecasts, its shares plunge by 12%.” Some attribute the difference to the fact that Wall Street was impressed by a rise in Amazon’s profit margin. “Amazon reported margins of 24.1 percent and that was the number that made Wall Street happy” (Techcrunch).

But rising stock prices aren’t the only reason Amazon garnered media attention recently. The company has started several new chapters in its ongoing sales tax saga (including speculation that new sales tax obligations may have impacted Amazon’s fourth quarter earnings). The new chapters include collecting sales tax in Arizona starting February 1, building new development centers in Texas as part of a sales tax deal with the state, and sending sales tax emails to Tennessee residents who have made purchases from Amazon. Get the details on all of Amazon’s recent sales tax moves and discover other to sales tax news stories below. 

Weekly Roundup: Amazon and Sales Tax

Storified by Avalara· Thu, Jan 31 2013 15:23:20

Amazon Will Collect Sales Tax in Arizona on February 1 | TaxRates.comTomorrow brings a new world for Amazon shoppers in Arizona. Effective February 1, 2013, " Amazon.com and its wholly owned retailers" will…
Amazon Supports Remote Sales Tax Legislation | TaxRates.comOnline retail giant Amazon.com has reportedly hired "the biggest lobby shop in Washington" to encourage lawmakers to pass the Marketplace…
Amazon Reminds Tennessee Shoppers To Pay Use Tax | TaxRates.comFor the second year in a row, Amazon has sent a friendly email reminder to its customers in Tennessee, reminding them to pay Tennessee st…
Amazon’s 4th Quarter: Sales Up, Profits Down | TaxRates.comAmazon released its 2012 fourth quarter earnings yesterday: sales were up, but profits were down. The Wall Street Journal reports that sh…
Amazon: 3 New Texas Fulfillment Centers in 2013 | TaxRates.comThe news is out. Amazon has announced it will create three new fulfillment centers in Texas in 2013. That means jobs and economic growth …
Democratic Governors Consider Sales Tax Decreases | TaxRates.comIf several Republican governors in the nation are considering decreases in income and corporate taxes in favor of sales tax increases, at…
Republican Governors Look to Sales Tax for Revenue | TaxRates.comThe governors of the nation are afoot, seeking creative ways to fill state coffers and balance budgets. T’is the season of State of the S…
Missouri Bill Would Make Online Sales Tax Revenue Neutral | TaxRates.comMost states want the federal government to allow them to collect sales tax from remote sellers. If states aren’t receiving sales or use t…
17 Craziest Sales Tax Facts [Tweetable]State law can get downright kooky. Yet even when laws address complex and seemingly quirky issues, like gift basket taxability based on t…

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