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Small businesses concerned about Internet sales tax bill

Reported by: Christine Kim
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Updated: 5/08/2013 1:55 pm
LAS VEGAS (KSNV MyNews3) -- Some are calling it a tax hike. Others say it's just a way to even the playing field with brick and mortar stores.

It is the controversial Internet Sales Tax Bill that passed the U.S. Senate and is now in the House.

For the person who sells something online once in a while, there will be no changes. But for small businesses, such as a consignment store, it could bring a different future.

The nature of the consignment business is moving products from one person to another.

Owner Natasha Charlesworth knows that means exposing her items to as many eyes she can.

More than 10 percent of her sales are online, and she's hoping to expand.

Her concern now, shared by eBay, is the Internet Sales Tax Bill.

Currently, only retailers who have a physical presence in a state are required to collect sales tax for that state. So many online sales are tax-free.

Economist Stephen Brown says the goal of the bill is to raise state revenue and make sure on-line retailers don't have an unfair advantage.

Currently, if a Nevada resident buys something on the internet from a store in the silver state, a sales tax is paid.

If a Nevada resident buys a product on the Internet from a store located outside, there is no tax paid.

It applies only to businesses that have sales of $1 million or more. Still, some shoppers say they'll have to think twice before buying.

Supporters say current technology can help simplify collecting sales taxes for various states.

Under the bill, the states that want in on this will have to provide businesses with free software to calculate taxes.



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