American residents will be spending $37.6 billion purchasing online this coming holiday period, consuming an estimated total of $1.2 billion this coming “Cyber Monday” only, according to ComScore Inc.’s forecasts.  And on a large portion of those procurements, no state or local sales taxes will be compensated.  But several Internet shoppers may find this time as their last Christmas shopping free from tax.  Most particularly, by this stage next year, Amazon.com, Internet’s largest retailer, will almost indeed be considering sales taxes on procurements transported to over 37 million people of California.  Presently, Amazon merely taxes items transported to Washington, Kansas, Kentucky, New York, and North Dakota.

Excerpt:

“But some Internet buyers could find this is their last Christmas shopping untaxed.”

Original article can be found at:

http://www.forbes.com/sites/janetnovack/2011/11/23/the-last-tax-free-cyber-monday/

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