ecommerce taxes

ketancoketanco subscriber Posts: 2
edited August 2012 in Accounting and Financial Management
I am planning to start an ecommerce website which I will sell items that actually the manufacturers will directly ship. So I will not hold any inventory. How about the taxes? I am in new jersey and my business is registered in new jersey but the manufacturers that will ship the products are all over the country. Am I required to collect sales tax? If so how, and do I record the amounts?
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Comments

  • menappimenappi subscriber Posts: 2
    If you're business is in New Jersey and you are selling products to people in New Jersey then you should be collecting sales tax from them. If I were to sell a product made in China to people in the US that doesn't make me exempt from any taxes, you know?
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