Thread: OT- Sam's club
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BobR BobR is offline
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Default OT- Sam's club

On Mar 5, 4:06*pm, George wrote:
Walter R. wrote:
Besides, it costs them nothing because they are not going to remit sales tax
to the state on their cash sales anyway. (Neither are they going to pay
income tax on cash sales.) That's the beauty of cash transactions.


It would be next to impossible for most merchants to do as you describe
because of the extensive use of computerized systems.


Only small mom and pop operations would even try. Any other company
is well aware that the penalty for getting caught shorting the state
on sales tax receipts would be more costly than paying them, by a
substantial margin. If they encounter such under the counter selling
they will hit the company with fines and back taxes that could easily
put them out of business. Worse yet, they can yank their sales tax
permit and shut them down. I know one company that got hit with a
huge penalty because they weren't charging city sales tax because they
thought their location was outside the city limits. They were just 50
feet inside the limits and they paid penalties and interest.