Shopping Online and Saving Sales Tax by Ordering From Online Stores Shipping From Other States
Shopping from physical stores has one big disadvantage, and that comes in the form of sales taxes. In USA, different states have different laws and regulations regarding the sales tax and there is basically no way that you can avoid that while buying from the market and stores. Now, here comes the advantage of shopping online.
Many of these online sites not only offer you products with heavy discounts, but also spare you from paying the sales tax. For shoppers, this comes as great news, but the states face some loss against that. Now, for that, most of states have started to collect sales tax for online shopping from some of the biggest brands in that sector.
Now, here in this article, we will look at some of the most important aspects of buying online and saving sales tax.
Sales tax for online shopping depends mainly on the buyer’s location. So, it depends on the state you are ordering from. To avoid the sales tax, you should check which states offer no sales tax while buying online and should order from there only.
Mainly sellers collect sales tax in states where they have physical stores. That’s why if you are buying from Wal-Mart online, they will charge you of the sales tax irrespective of your state as they have physical stores in each and every state of the country.
The most important thing that you should keep in mind is the fact that the laws regarding sales tax are under constant scrutiny and are changed frequently. So, for saving sales tax, you should keep track of all those changing laws as well.
Now, for online shoppers, here we are articulating some advices to save big in the retail price as well as in sales tax:
Always know the tax rates of your locality and of your domicile state.
Look for online stores who provide free shipping while delivering your goods.
If they are imposing shipping charges, try to opt for in-store pickup where you can.
If they are providing any limit for paid shipping, ask your family members and friends to go for group shopping to avoid the extra shipping charges.
And always check while checking out with the payment portal whether they are including any other hidden fees or not.
Sometimes, the states give leverage to smaller and newer online retailers regarding sales tax. So, check the prices of your product on different sites, and if you can find a local or a new online shopping portal providing the product in the cost range as the big players, you should opt for those retailers.
Apart from these, if you are a resident of Alaska, Oregon, New Hampshire, Montana or Delaware, then you are among the luckiest residents of USA who are not required to pay for sales tax while shopping.
These 5 states have lenient rules regarding collecting sales tax, offering you a chance for better saving. So, take care in mind the points discussed here and start shopping for your favorite products without caring about the sales tax anymore.