Rumors suggest that some Amazon sellers could soon hear from Massachusetts state officials, asking them to settle their unpaid sales taxes.
This Tuesday Amazon notified its sellers that they will be handing over important and confidential merchant information to the State. This will include the marketplace sellers Federal Tax ID number, the estimated value of their inventory currently secured in Amazon warehouses in Massachusetts.
The attention-grabbing business in the USA is wide, and anyone who wishes to sell a service, idea, or product needs potential customers to be interested. Last year alone approximately $212 billion was spent to achieve this task alone. Most of which is directed towards online advertising. To be specific a great deal of sellers have now turned to Amazon for their advertising needs. Allowing them to double their advertising revenue in a year to 6 billion, a solid 3rd place lead in the market.
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