Hiển thị các bài đăng có nhãn sales. Hiển thị tất cả bài đăng
Hiển thị các bài đăng có nhãn sales. Hiển thị tất cả bài đăng

Thứ Tư, 15 tháng 5, 2013

US homebuilder confidence rebounds on stronger outlook for sales as demand for homes improves

Confidence among U.S. homebuilders rebounded this month, reflecting improved sales trends during the spring home-selling season and the strongest outlook for sales over the next six months in more than six years.

The National Association of Home Builders/Wells Fargo builder sentiment index climbed to 44 this month from 41 in April. It was the first increase since December.

Measures of customer traffic and current sales conditions also improved from April's reading.

Readings below 50 suggest negative sentiment about the housing market. The last time the index was at 50 or higher was in April 2006.

Concerns over rising costs for land, building materials and labor have dimmed builders' confidence in recent months.

Regardless, steady job creation, near record-low mortgage rates and rising home values have spurred sales this year.


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Thứ Ba, 7 tháng 5, 2013

What would an online sales tax mean for you?

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    States could force Internet retailers to collect sales taxes under a bill that overwhelmingly passed a test vote in the Senate.AP Photo/Paul Sakuma

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    April 30, 2013: Kurt Zentmaier poses in his warehouse full of guitars in Claremont, N.H. Zentmaier is president of Rondo Music which sells its guitars online only and doesn't want an Internet sales tax.AP Photo/Jim Cole

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    May 2, 2013: Sarah Davis, co-owner of Fashionphile.com, posing with her bags in a company warehouse in the Carlsbad, Calif. The Internet company sells rare, vintage, and discontinued previous owned bags and is facing the complicated task of dealing with new state regulations on Internet sale taxes.AP photo/Lenny Ignelzi

Congress is considering legislation that would give states the ability to require out-of-state retailers to collect sales taxes. 

If the measure passes, consumers would lose a loophole that has resulted in years of tax-free online shopping. Out-of-state merchants would have to collect statewide sales taxes on Internet, mail-order and other purchases -- as well as any county and local sales taxes. Why is this necessary? And what will this mean for your online purchases?

Here's a guide:

Q. Don't I already pay sales taxes on Internet purchases?

A. Sometimes. Some retailers already collect sales taxes for where you live, but many don't and haven't been required to do so.

In 1992, the U.S. Supreme Court ruled that states can't force businesses elsewhere to collect those taxes unless the company has a physical presence in that state - such as a physical retail store or an office. Retailers that operate in one or a few states typically collect taxes only for those states and not others.

Q. Why haven't retailers collected the taxes anyway, if they are already collecting them for some states?

Retailers argue that it's complex to keep track of state, county and local taxes in thousands of jurisdictions across the nation. It's not just the different rates, but different rules on what products are and aren't taxed. Some states exempt clothing, for instance, and some charge taxes only when the price is above a certain amount. Bubble gum might be considered candy in one state and a tax-exempt food item in another.

Out-of-state retailers don't emphasize this, but not having to collect the taxes also makes their products cheaper, compared with in-state retailers that have to.

Q. So if the Supreme Court settled this, why is Congress getting involved?

There was hardly any online commerce when the Supreme Court issued its ruling two decades ago. These days, states believe they are losing out on billions of dollars in revenue collectively each year. They have been pressuring Congress to change the law, as they face budgetary constraints in funding schools, roads and other services.

The argument that it's a mess to keep track of thousands of tax rates and rules also has diminished with the advent of better software. Many national retailers have figured out how to collect those taxes. Under the bill before Congress, states would have to provide merchants with software to manage this. They also would have to designate a single office within the state to handle all out-of-state tax collections, so merchants wouldn't have to figure out where to send county and local tax payments.

Q. Will this make Internet purchases more expensive?

Legally speaking, it shouldn't. That's because when you buy something from a retailer that doesn't collect sales taxes for your state, you're supposed send in the taxes owed yourself.

In practice, though, few people do that, and enforcement is poor. This bill would effectively close that loophole and have the retailer collect the taxes for everyone.

That said, even with the sales tax, buying from an Internet retailer might be cheaper than going to a physical store, which has such expenses as rent, utilities and cashiers' wages.

Q. What happens next?

A. Nothing right away. Senate approval is just one step. It needs passage in the House and President Barack Obama's signature.

After that, individual states would have to choose to participate. So if New Jersey doesn't participate, for instance, then a retailer operating only in Oregon would not be bound to collect state, county and local taxes for New Jersey.

Under the current legislation, merchants that sell $1 million or less worth of goods to residents of a certain state would not have to collect taxes on that state's behalf.


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Thứ Sáu, 26 tháng 4, 2013

Senate delays action on Internet sales tax bill

Senate Majority Leader Harry Reid says senators have reached a deal to delay voting on a bill to tax Internet sales until after senators return from a weeklong vacation.

Reid says the Senate vote on passage of the bill would be May 6.

A handful of senators from states without sales taxes were blocking the bill, which has widespread bipartisan support in the Senate.

The bill would empower states to require online retailers to collect state and local sales taxes for purchases made over the Internet. Under the bill, the sales taxes would be sent to the states where a shopper lives.


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Thứ Tư, 20 tháng 2, 2013

Vt. hopes syrup grade changes will sweeten sales

Would fancy grade maple syrup by any other name taste as sweet?

Vermont lawmakers are pondering that question as they consider whether to drop the state's traditional maple labeling system in favor of an international one.

The change pits tradition versus a desire to be a bigger player in world markets. Vermont is the No. 1 maple syrup producer in the United States, but its unique labeling standards put it at odds with the other big producers, including Canada.

The state Senate last week passed and sent to the House a measure to drop fancy, grade A medium amber, dark amber and grade B. (Fancy is the lightest and mildest, while grade B is the darkest and has the strongest maple flavor.) In their place would be several types sharing a grade A label, with descriptive phrases following: golden color and delicate taste; amber color and rich taste; dark color and robust taste; very dark color and strong taste.

Sen. Kevin Mullin, R-Rutland, initially argued against the measure before reluctantly going along.

"We should not be following everyone else in lockstep and ... giving them the ability to try to pretend that syrup made in another state is anywhere near as good as the syrup made in Vermont," he said.

Mullin later said he was mollified by assurances that the changes would be phased in over three years and that producers wouldn't have to throw out containers already printed with the existing labels.

State Agriculture Secretary Chuck Ross said the changes have largely been pushed by the industry, though the agency has conducted a series of public hearings to address the concerns of the more reluctant producers.

Thanks to improvements in technology and growing interest by landowners, Vermont's syrup production has roughly doubled in the past decade, to the extent that supply vastly exceeds any demand that would come from a state of about 626,000, Ross said.

"What's become clear is that the majority of syrup produced in the state of Vermont is sold in national and international markets," Ross said.

Vermont will maintain its distinct branding by labeling its syrup as coming from the state. Connoisseurs will continue to appreciate that Vermont regulations will continue to require boiling sap for longer than is the case elsewhere, producing a slightly denser product, Ross said. But to continue using a separate grading system would lead to consumer confusion, the secretary added.

Doug Bragg, an eighth-generation syrup producer from East Montpelier, said he was taking the changes in stride.

"Most of our customers are asking, why do we have to do this? There's a logic to it, no question about it," Bragg said. "It's still annoying though."

Back at the Senate office, where Lt. Gov. Phil Scott was chatting Friday afternoon with the five-member staff, there was broad agreement that people would get used to the changes. The only real debate was over the best grade.

Office assistant Roxy Quero said her preference was for fancy grade, but Scott said he preferred medium amber. Deputy Senate Secretary Steve Marshall said the darker the better for him.

"I usually go with grade B, grade C if I can get it, but you have to know somebody," Marshall said. "Grade C isn't sold as syrup at retail; it's usually use in baked goods or maple candy.

"I'd take double D if you gave me some," Marshall said.


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