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Monday, April 30, 2012
Amazon to collect sales tax, create 2,500 jobs in Texas
If Amazon's been your internet safe haven from the ravages of sales tax, you may want to sit down. As part of a settlement with the great state of Texas, Bezos' baby will start collecting the state's requisite 6.25-percent sales tax on July 1st. The settlement resolves the online retailer's ongoing dispute with the Lone Star state, which claimed that Amazon owed $269 million in back taxes. In addition to taking up collection, Amazon has agreed to create at least 2,500 jobs and invest a minimum of $200 million in capital investments, though it admits no fault, and believes "the assessment was without merit," according to its latest SEC filing. Grouped in with Kansas, Kentucky, New York, North Dakota and Washington, this agreement makes Texas the sixth state to collect sales tax from Amazon -- and California, Nevada and Arizona will join the collection club in due time. Check out the source links below for the Texas Comptroller's official statement and more reading on Amazon's tax agreements across the nation.
Amazon to collect sales tax, create 2,500 jobs in Texas originally appeared on Engadget on Mon, 30 Apr 2012 06:22:00 EDT. Please see our terms for use of feeds.
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Sunday, April 29, 2012
Saturday, April 28, 2012
Here's Video of Space Shuttle Enterprise Flying Over NYC [Video]
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Apple working on 21,468 square-foot cafeteria in Cupertino, wants employees' chatter to be safe
How do you keep your employees chit chat from spilling the beans on your next one more thing? You force the beans to be served in an employee-only 21,468 square-foot cafeteria -- that's how. According to Mercury News, Apple just got the go-ahead from the Cupertino Planning Commission on its scheme to build a colossal two-story bistro exclusively for staff members. While the facility will be mainly used for eating purposes during lunch hours (11:30AM to 2PM, to be exact), it'll also accommodate meeting rooms and lounge areas. Apple's Director of Real Estate Facilities, Dan Whisenhunt, says the company needs to provide its people with a sense of security "without fear of competition sort of overhearing their conversations." Now, we can't help but wonder if it's going to look anything like that spaceship...
Apple working on 21,468 square-foot cafeteria in Cupertino, wants employees' chatter to be safe originally appeared on Engadget on Thu, 26 Apr 2012 15:39:00 EDT. Please see our terms for use of feeds.
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