The Debate on Online Sales Taxes Continues



Some jewelers say online companies should have to collect sales tax just like they do. But that will take legislation—which may not be a sure thingIf you ask retailers like John Henne, they say the Internet sales tax issue is all about fairness.“We’re not afraid to compete with the Internet,” says the president of Henne Jewelers in Pittsburgh. “But we can’t give customers a 7 percent price advantage.”Currently, if a customer goes into his store and buys a diamond, he pays 6 percent Pennsylvania sales tax. Yet if a customer stands outside his store and buys a diamond on his phone from an e-tailer, the customer doesn’t pay any. And with an expensive purchase, that can spell the difference between someone who buys and someone who walks. “We see it most often with engagement rings—when things start to get over $10,000 and that means about $1,000 tax,” Henne says. “Whe
JCK PRO

This content is exclusive to JCK Pro subscribers. Subscribe now to access this and much more with discount code GOPRO21 for $199 for an entire year of access (reg. $249).

SUBSCRIBE TO CONTINUE

Already a JCK Pro? Log in

A JCK Pro subscription is your all-access pass to people and resources on the
cutting edge of the retail jewelry industry, from the industry authority you
know and trust

Learn about the Perks of JCK Pro

Log Out

Are you sure you want to log out?

CancelLog out