As every business owner knows, it's important to comply with local, state and federal tax laws. But compliance can be a challenge. It's not always easy to figure out what taxes are owed on which items, even if you sell goods in one state only. If you operate in multiple states, that can complicate matters exponentially. Tax rates and taxable item categories can vary considerably from state to state. Cities can also impose their own taxes on certain items and services. And sometimes, tax regulations just don't make much sense, which leads to confusion for business owners who are struggling to accurately collect taxes from customers. Here are seven examples of bizarre taxes found in states:
Sales tax rules may not be a topic of dinner conversation or family road trip banter, but they can be oddly amusing in their own way. From car seats to coats, when and where to charge sales tax can leave even the most savvy online retailer in the dark. Here's just a small sample of sales tax oddities:
Do residents of blue states shop more online than consumers from more conservative red states? Does more iPad traffic come from New Mexico or California? How do the candidates’ states of Illinois and Massachusetts compare? Find out all of this and more in this informative — and timely — infographic.
New Mexico Business Weekly by , Reporter Related: Commercial Real Estate, Retailing & Restaurants Sports Authority has signed a lease for 40,000 square feet in an anchor location formerly occupied by Mervyn’s at Santa Fe Place. Reporter- New Mexico Business Weekly Sports Authority has signed a lease for 40,000 square feet in an anchor location formerly occupied by Mervyn’s at Santa Fe Place. The store is scheduled to open next spring in New Mexico’s capital city. Texas-based Trademark Property Co. acquired the 571,238-square-foot Santa Fe Place on Cerrillos Road two years ago and has said the leasing of the