September 9, 2013

Amazon Sales Tax

A friendly reminder for Massachusetts residences that Amazon.com will be collecting sales tax on purchases after Nov. 1. This is because it now has an office in Cambridge. (Even thou you can't buy anything from their office.)

This means for Massachusetts residences, that "Cyber-Monday" will technically be on November 1st for Amazon shoppers. Don't think this is true? Well you should have see how busy the stores were around the Framingham area on "Tax Free Weekend." Seems lots of Massachusetts consumers were out and about on a very nice weekend looking for deals on previously taxed items.

No word on if Kindle books will be taxable, since they are electronic delivery. I suspect that they will be a taxable item.

You might be better off doing your Christmas shopping extra early to make sure that Amazon.com has your items in stock. Don't wait till Halloween, as many popular gift items may go out of stock, and if they are out of stock, you may not be able to order them. When they come back in stock, you'll end up paying the sales tax.

Worst case scenario? Take a trip to New Hampshire? No! Support your local businesses that are working hard to keep jobs in Massachusetts.

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