California Online Sales Tax Deals: Who Really Gains? episode artwork

EPISODE · Mar 1, 2023 · 16 MIN

California Online Sales Tax Deals: Who Really Gains?

from Talking Tax · host Bloomberg Tax

California cities have made deals with retailers—Best Buy Co. Inc., Apple Inc., QVC, Walmart Inc., and others—to be the point of sale for statewide e-commerce purchases in exchange for a cut of the sales tax proceeds. But who really benefits? On this episode of Talking Tax, senior reporter Laura Mahoney sits down with Bloomberg Law editor Bernie Kohn to talk about her closer look at Dinuba, a small city in California's Central Valley, and its tax-sharing deal with Best Buy. Dinuba gives half of its influx of sales tax money to Best Buy and 10% to the lawyer who brokered the deal. Tens of millions of dollars are involved in an agreement that will last 40 years. They discuss what Dinuba's deal with Best Buy means for its fiscal health and quality of life compared with its neighbors, and how the tension between the haves and have-nots is part of a statewide debate about sales tax rules in California. Do you have feedback on this episode of Talking Tax? Give us a call and leave a voicemail at 703-341-3690.

California cities have made deals with retailers—Best Buy Co. Inc., Apple Inc., QVC, Walmart Inc., and others—to be the point of sale for statewide e-commerce purchases in exchange for a cut of the sales tax proceeds. But who really benefits? On this episode of Talking Tax, senior reporter Laura Mahoney sits down with Bloomberg Law editor Bernie Kohn to talk about her closer look at Dinuba, a small city in California's Central Valley, and its tax-sharing deal with Best Buy. Dinuba gives half of its influx of sales tax money to Best Buy and 10% to the lawyer who brokered the deal. Tens of millions of dollars are involved in an agreement that will last 40 years. They discuss what Dinuba's deal with Best Buy means for its fiscal health and quality of life compared with its neighbors, and how the tension between the haves and have-nots is part of a statewide debate about sales tax rules in California. Do you have feedback on this episode of Talking Tax? Give us a call and leave a voicemail at 703-341-3690.

NOW PLAYING

California Online Sales Tax Deals: Who Really Gains?

0:00 16:18

No transcript for this episode yet

We transcribe on demand. Request one and we'll notify you when it's ready — usually under 10 minutes.

French Your Way Jessica: Native French teacher founder of French Your Way Boost your French listening skills and test your comprehension with this one of a kind series of podcasts. Get the chance to listen to a real conversation between native speakers talking at normal speed AND customise your learning experience through carefully designed sets of questions (2 levels of difficulty) available for download at www.frenchvoicespodcast.com. All interviews also come with the transcript. French teacher Jessica interviews native speakers of French from around the world who share a bit of their life and passion. Where else would you meet in one same place a French yoga teacher based in Melbourne, a soap manufacturer from Provence, or a couple cycling around the world? Accidental Accountant Regan Williams Hi, I'm Regan! I'm a CPA of 30+ years helping "accidental accountants" navigate tax & accounting issues with confidence! Here, we find solutions to common challenges bookkeepers, accountants and CPAs face. Don't see an answer to your question? Then ask! I'm here to help people like you. The Course Mentors Podcast The Course Mentors Hey there, future course creator!Ever feel like turning your know-how into an online course is like trying to solve a Rubik's cube blindfolded? Well, grab your headphones because "The Course Mentors Podcast" is here to be your secret weapon!Meet Aimee and Odette (that's us!), your new best friends in the course creation world. We've been in the trenches for over a decade, and for the last five years, we've been rocking the online course space. Now we're here to spill all our secrets in bite-sized, 15-20 minute episodes that'll fit perfectly in your coffee breaks.No fluff, no filler - just real, actionable advice that'll take you from "um, what's a landing page?" to "holy moly, I just hit six figures!". We're talking everything from crafting your course to marketing it like a pro and building a business that'll have you pinching yourself.Whether you're dreaming of ditching the 9-to-5 grind, adding a sweet extra income str The Accounting & Tax Help Desk For Our Sun Productions Stay on top of accounting and tax essentials with our podcast, designed for professionals, entrepreneurs and anyone looking to better understand the wold of finance.

Frequently Asked Questions

How long is this episode of Talking Tax?

This episode is 16 minutes long.

When was this Talking Tax episode published?

This episode was published on March 1, 2023.

What is this episode about?

California cities have made deals with retailers—Best Buy Co. Inc., Apple Inc., QVC, Walmart Inc., and others—to be the point of sale for statewide e-commerce purchases in exchange for a cut of the sales tax proceeds. But who really benefits? On...

Can I download this Talking Tax episode?

Yes, you can download this episode by clicking the download button on the episode player, or subscribe to the podcast in your preferred podcast app for automatic downloads.
URL copied to clipboard!