The Internet giant has been exempt from collecting sales taxes in Massachusetts but some say that changed when it bought a North Reading company this year.
The Patrick Administration is arguing that after Amazon, the huge online retailer, bought a Massachusetts company this year it is no longer exempt from collecting the state's 6.25 percent sales tax as soon as the 2013 holiday season. Under federal law, online retailers are not required to collect state sales taxes if they do not have a physical presence in the state, such as an office building or a store, the Boston Globe reported. But Amazon bought North Reading company Kiva Systems this year, and is recruiting engineers for a Cambridge office, according to the Globe report. This, Patrick says, means it needs to start collecting the state sales tax in Massachusetts. Amazon has faced similar pressure from other states and collects …
The wireless charging technology developed by the company on Grove Street has a range of possible uses from cell phones to electric cars.
Imagine charging your cell phone just by putting it on your hallway table or having lamps you can put anywhere in the room because they don’t have a wire, or even an electrical car that can be charged without plugging in into a special charging station. Gov. Deval Patrick saw these and other prototypes developed by Watertown-based WiTricity Corp. Tuesday afternoon. He visited WiTricity as part of his effort to learn about and highlight innovative companies in Massachusetts. He was impressed with what he saw on his tour. “Wow! It makes me excited about the possibilities,” Patrick said. “And it makes me proud that it happened in Massachusetts and here in Watertown.” Uses of Wireless Charging The WiTricity technology uses coils of wire to …
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Mara
3:12 pm on Monday, December 3, 2012
I don't see why we need a sales tax at all. We tax the companies for their revenue and the people for THEIR income. What's the logic of charging for the privilege of buying something? (I'm open to information here; that was a serious question.)   more ›