Systemax CEO: Online Sales Tax Collection is Imminent

According to this article at Multichannelmerchant.com, Systemax CEO-technology products group Gilbert Fiorentino announced during a session at eTail East in Baltimore that “States are under pressure to raise their revenues, and with e-commerce sales rising, they are seeing these revenues go out of state,” Fiorentino said. “I don’t see the states ignoring it for a long time. Sales tax has become an issue for everyone, and in the near future we’ll all be collecting.”

Systemax owns TigerDirect.com, CircuitCity.com and CompUSA (which has retail locations), so Mr. Fiorentino has a perspective on both sides of the sales tax collection discussion.

if you are at the eTail East conference, look for FedTax.net’s VP Sales, Carl Stefanelli.  He would be happy to explain how our TaxCloud service makes sales tax collection and remittance a breeze for internet merchants of any size.

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