the online sales of goods and services is known as e-commerce.
the online sales of goods and services is known as?
e-commerce
there has been an increase in online retailers in the 2000s, as people are using e-commerce (online sales) to fulfill basic needs ranging from grocery shopping to book purchases. sales through mobile devices such as tablet computers and smartphones have also risen in the 2000s: "while total online sales rose 18% year-on-year in december to £11.1 [b], according to the latest figures [january 2014] from e-tail industry body imrg and advisory firm capgemini, sales via mobile devices doubled to £3 [b].'
brick and mortar
two legislators in missouri have proposed joining the streamlined sales tax project to ensure that the state collects sales tax on goods shipped from online retailers located out-of-state. currently missourians are required to remit use tax for purchases made online but the state government has no practical method to force compliance. legislative staff report that taxing online sales should significantly increase revenue. rep. margo mcneil cited a university of tennessee study saying that missouri stands to lose $187 million in 2011 by not taxing online sales. mcneil also said the streamlined sales tax is a good way to end the unfair advantages enjoyed by online retailers over traditional businesses. "the tax is a step in trying to even the playing field because right now we have a lot of people who are going in and using the stores as a showroom and then going home and buying on the internet ...," mcneil said.
amazon tax