From: Jim Choate <ravage@EINSTEIN.ssz.com>
Date: Wed, 31 Jul 1996 13:14:58 +0800
To: cypherpunks@toad.com
Subject: Re: Taxes in the digicash world (fwd)
Message-ID: <199607310310.WAA04147@einstein>
MIME-Version: 1.0
Content-Type: text



Forwarded message:

> Date: Wed, 31 Jul 1996 12:14:50 -0700
> From: tcmay@got.net (Timothy C. May)
> Subject: Re: Taxes in the digicash world
> 
> * electronic and computer goods are often untaxed because many order them
> via mail-order. There have been proposals to tax out-of-state purchases,
> but the logistics and legal issues are murky (who gets the tax? and why
> should Idaho, for example, get the tax revenue for an item ordered from
> Georgia?).

The State of Texas requires by law that tax be paid on out of state
purchases. You legaly should send in a check with copies of the receipts
each year to the State Comptrollers Office. Historicaly everyone ignores it.

                                                    Jim Choate