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The leading online retailer and the Massachusetts Office for Administration and Finance have reached an accord for Amazon to begin collecting the 6.25 state sales tax on any purchases by ...
These products are on sale because their condition is "like-new, open-box or pre-owned," according to Amazon Warehouse's FAQ page. But sometimes, shoppers can get an even sweeter deal.
She stumbled upon the Amazon Warehouse site when purchasing balloon sets (normally $30) for her kids and noticed a “new from $20.50” option with the Amazon Prime logo next to it.
Amazon only agreed to collect the 6.6% state sales tax, but there was no requirement to collect local sales taxes, which can bring total tax close to 10%. [16] This was an agreement between Amazon and Arizona, which mainly centered on Amazon's tax obligations because it maintains warehouses in Arizona.
A report released by Fair Tax Mark in 2019 called the company the "worst" offender for tax avoidance, paying a 12-percent effective tax rate between 2010 and 2018 (in contrast with a 35-percent corporate tax rate in the US during the same period). According to Amazon, it had a 24-percent effective tax rate during that period.
Amazon.com Inc. (NASDAQ: AMZN) has struck an agreement with the state of Massachusetts to begin collecting the state's 6.25% sales tax in the fall of 2013. As of September, the online behemoth was ...
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