Home     Law Advice     Insurance Advice     Community    
Tax Law : Federal, State and Local Income Taxes, Sales Taxes, etc. For Estate, Gift and Inheritance Taxes, Please Post Under Will, Trusts & Estate Planning
Go Back   FreeAdvice Legal Forum > TAX LAW > Tax Law

Powered by Attorney Pages


  Find An Attorney In Your Area    
 

Reply
 
LinkBack Thread Tools Rate Thread Display Modes
  #1  
Old 03-28-2002, 04:49 PM
FireHawk
Guest
 
Posts: n/a

Tax on international 'Net sales?


From Florida...
I intend to sell downloadable software, ebooks and other 'soft' products over the 'Net, and I want to target foreign markets, eg., the UK, Canada, EU, Australia, New Zealand, etc.
Presently, is there any or additional tax I must charge/pay? If so, please tell me the procedure.
If not, what does the future look like for 'Net sales in foreign markets? Any information will be greatly appreciated. Thanks!
  #2  
Old 03-28-2002, 08:06 PM
loku
Guest
 
Posts: n/a
There is no additional tax you must pay or charge for sales into foreign markets; however, you must pay federal income tax on your income from the sales.
  #3  
Old 03-28-2002, 08:08 PM
loku
Guest
 
Posts: n/a
I should have mentioned that you must get a retail sales certificate from Florida. The sales out of state will be exempt, but the Florida sales will be subject to sales tax.
  #4  
Old 03-28-2002, 11:16 PM
FireHawk
Guest
 
Posts: n/a

Tax on international 'net sales, cont'd


Dear Loku,
Thanks so much for this information. I didn't think about in-state sales tax responsibility, but that's certainly an issue.. in addition to (of course) federal tax liability. I appreciate you bringing this up. I have to think about how one would give evidence of in-state sales if they are only going through credit cards on the 'net. Perhaps I can include a
'Check here if you're purchasing within Florida' box
on the sales order page, and give notice that the tax (whatever %) will also be charged, prior to customer approval and completion of the sale. Do you think this will fulfill my responsibility?
Also it might be appropriate to set it up w/the merchant / bank account(s) to automatically isolate the collected tax in a separate account, and tie it to the identified numerical sales invoice. Anyway, if you think of any other system or suggestion on this I'm all ears. And I thank you again for your initial advice.
  #5  
Old 04-08-2002, 03:10 PM
loku
Guest
 
Posts: n/a
I think your idea about the “check here box if you are purchasing in Florida” would probably be OK, but I am not sure. Perhaps it would be best to run that through the Florida Sales Tax people. I don’t think you need to segregate the sales tax in a separate account.
  #6  
Old 04-08-2002, 05:38 PM
FireHawk
Guest
 
Posts: n/a
Thank you Loku.
I appreciate the input. I will indeed contact the Fl tax people. Re: separate account, I realize it isn't necessary, as I've had businesses (brick 'n morter) before. But when the system's in place, the $ is automatically deducted/transferred, no matter how small. For me (at least) it maintains systems and procedures that keep me legal. ..a 'no brainer' so to speak.
I prefer not to mix tax liabilities with other funds. It's not my money anyway, so best not to be tempted. It's simply a personal policy, nothing more.
Again, thank you for your input!
  #7  
Old 04-08-2002, 08:47 PM
loku
Guest
 
Posts: n/a
Good luck on the business
Reply



Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
 
Thread Tools
Display Modes Rate This Thread
Rate This Thread:

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is Off
HTML code is Off
Trackbacks are On
Pingbacks are On
Refbacks are On
Forum Jump

All times are GMT -5. The time now is 11:08 PM.



IMPORTANT NOTICE
THE VIEWS EXPRESSED ON THIS PAGE WERE NOT REVIEWED BY THE EDITORIAL STAFF OR ATTORNEYS AT FREEADVICE.COM. Thousands of professionally prepared and reviewed questions and answers in 130 legal categories are to be found at the Question and Answer pages at FreeAdvice.com.

F
reeAdvice Forums are intended to enable consumers to benefit from the experience of other consumers who have faced similar legal issues. FreeAdvice does NOT vouch for or warrant the accuracy, completeness or usefulness of any posting or the qualifications of any person responding. Use of the Forums is subject to our Terms and Conditions which prohibit advertisements, solicitations or other commercial messages, or false, defamatory, abusive, vulgar, or harassing messages, and subject violators to a fee for each improper posting. All postings reflect the views of the author but become the property of FreeAdvice. Information on FreeAdvice or a Forum should not be relied upon and is not a substitute for advice from an attorney licensed in your jurisdiction who you have retained to represent you. To locate an attorney visit AttorneyPages.com. Copyright since 1995 by Advice Company. All Rights Reserved.