Founders Television

Into the Nexus: What Do We Need With An Internet Sales Tax?

todayMay 6, 2013 4

Background
share close
  • cover play_arrow

    Into the Nexus: What Do We Need With An Internet Sales Tax? ClintStroman

[private FP-Monthly|FP-Yearly|FP-Yearly-WLK]

  • cover play_arrow

    Into the Nexus: What Do We Need With An Internet Sales Tax? ClintStroman

[/private]

  • cover play_arrow

    Into the Nexus: What Do We Need With An Internet Sales Tax? ClintStroman

This page is supported by your Founders Pass Subscriptions, please take our membership tour & consider a 1 year membership

Mandeville, LA – Exclusive Video and Audio – Many people would like to know HOW they’re going to get us to submit to the internet sales tax… enter the Nexus. Nexus is a Supreme Court decision from 1992 that says that if a business isn’t located within it’s borders it still has a presence within that state. For instance, Chili’s corporate headquarters is in Texas, but there are chains all over the nation. So obviously the chains in Texas are under Texas state tax law, but what about the franchise’s in other states. Now, let’s IMAGINE that Chili’s is selling food online, because they have a location in Oklahoma, you would still get taxed for ordering the food because they have a presence (Nexus) in Oklahoma. For more on this be sure and check out today’s Founders TV and sign up for a Founders Pass if you haven’t already!

kirk internet sales tax

 

Print Friendly, PDF & Email
author avatar
ClintStroman

Written by: ClintStroman

Rate it

Post comments (0)

0 0 votes
Article Rating
Subscribe
Notify of
guest
0 Comments
Inline Feedbacks
View all comments

0%
0
Would love your thoughts, please comment.x
()
x