Quote:
Originally Posted by queentess
...really? I've not had to do retail (business to individual) accounting, but all the industries I've been in (business to business), you have to remit 100% of the sales tax you collect. Calculating the tax and collecting it is a burden the company has to bear.
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Really. I have to collect sales tax when I sell my
EditTools Word macros to New York State residents. I just filed my return and I kept approximately 5% of the total. The state provides the calculation.