Written by David Welch July 20, 2012 Bloomber Business WeekIn fact, online sales are supposed to be taxed — it’s overly complicated for all but the most conscientious shoppers to pay up. When someone buys from Amazon or another website, they are quoted the sales tax. Consumers are then supposed to contact their individual state and pay it. Womack said he bought coffee from Amazon for $72. To pay the $6.54 in sales tax, he had to download a form, fill it out and write a check to the Arkansas Department of Finance and Administration. If the bill is passed, every state will have to provide online retailers with software that calculates and helps collect the sales tax from buyers. With 47 members of Congress signed on and many states clamoring for a crack at the estimated $23 billion in tax revenue that is missing on tax-free online sales, the momentum is on Wal-Mart’s side.
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Danny Watts, a commercial real estate sales and leasing specialist with Saurage Rotenberg Commercial Real Estate, is a graduate of Louisiana State University (LSU). He has over 20 years experience in commercial real estate brokerage and appraisal. His areas of expertise include commercial and industrial brokerage and leasing; multi-family brokerage; lease negotiations; tenant build outs; market analysis and insight; and feasibility and valuation analysis. Danny is a member of the Commercial Investment Division (CID) of the Greater Baton Rouge Association of REALTORS®, a board member of the Perkins Road Historic Merchants District Association, and has served as a vice president for Literacy Works of Baton Rouge.
Saurage Rotenberg Commercial Real Estate is a member of the Baton Rouge Area Chamber of Commerce (BRAC); the West Baton Rouge Chamber of Commerce; the Baton Rouge Growth Coalition; the Baton Rouge Better Business Bureau; the Louisiana Commercial Data Base (LACDB); and the International Council of Shopping Centers (ICSC). Several agents, on an individual basis, are members of the Society of Industrial and Office Realtors® (SIOR), the Certified Commercial Investment Member Institute (CCIM); the National Association of REALTORS® (NAR); and the Greater Baton Rouge Association of REALTORS® Commercial Investment Division (CID).