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Tax and Coders with Steve DelBianco

Tax and Coders with Steve DelBianco

56:582014-10-02

Om avsnittet

Carl and Richard talk to Steve DelBianco about taxation and software development - including the new Marketplace Fairness Act. But first the focus is on the history of sales tax, which as Steve explains, is focused on physical goods transacted in person. The first crisis of sales tax came in the 30s when catalog sales became popular and more consumers starting buying products from other states. This presents the idea of Use Tax, effective a self-declared sales tax collection process for good you buy out-of-state. Yeah, that's right, you're suppose to assess sales tax on yourself! Steve has been involved for more than a decade in the effort to modernize sales taxes to handle internet sales, which leads to the current situation around the Marketplace Fairness Act - which is not at all what the name should be. The states are trying to garner the right to collect taxes and demand from anyone in any state - and this law might actually pass! Check out the links below for ways to make your voice heard.Support this podcast at — https://redcircle.com/net-rocks/donations

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