Legal and Tax Issues for Web Retailers

Cliff Ennico
09 Mar 2017
4:00 pm - 5:00 pm
Maestro A, 4th Floor

Legal and Tax Issues for Web Retailers

Many people think the Internet is a tax-free, duty-free, regulation-free zone where sellers and buyers can engage in “capitalistic acts between consenting adults” without interference from the Government. It may have been that way once upon a time, but not anymore. . . Selling online is becoming more and more a regulated and taxed activity. Recent legal developments affecting income taxes, sales taxes and “nexus” are changing the ways e-merchants, and especially Amazon sellers, operate their businesses. In this fast-paced, humorous presentation, Cliff will cover the following cutting-edge legal and tax topics for the intermediate to advanced Amazon seller: • the legal and tax implications of “retail arbitrage”; • the “first sale” doctrine and the Supreme Court”s Kirtsaeng case; • the legal risks of letting Amazon “commingle” your inventory with other sellers in their warehouses; • changes in self-employment tax affecting the Schedule C filer; • legal issues for "white label," "private label", "retail/online arbitrage" and other sellers on Amazon; • knowing when you have to pay estimated taxes, and how to make the necessary calculations; • can you deduct this trip to The Sellers' Conference?; • “nexus” for state income, sales and use taxes when selling on Amazon’s FBA program; • the so-called “Amazon tax”: a state by state summary; • the push to tax interstate sales and where it stands after the Marketplace Fairness Act of 2013; and • your tax obligations when “drop shipping” for a vendor or taking private consignments of inventory.
Share