All About Sales Tax (Amazon FBA)
It's intimidating, it's overwhelming, and it can be massively confusing sales tax. As an online seller or business owner, you need to know about it. And today, I will help you understand how it works, set it up correctly, and get a system in place for Amazon FBA sales tax collection so that you can run your business with confidence. First of all, let me establish what sales tax is and what it is not. What is sales tax? Sales tax is when the state and local governments collect a retail product from business to customer. The charge is a percentage of the product's price, and sometimes there's going to be a tax on the shipping. Now, you've experienced this more times than you probably want to. Even now, in a brick-and-mortar retail store. You go to Target, you purchase a new cat hammock for your favorite feline, and even though the retail price is $20 , you're going to pay an additional amount on that product. You see, the store collects it from you and then deli