B & H Photo Beats Online Sales Tax
Nobody likes to pay sales tax and until recently, most of us shopped online to avoid our local sales tax.
Nearly one year ago, the Supreme Court ruled that out-of-state retailers must collect sales tax on internet sales.
One retailer many of us use for those “have to have” gadgets is B&H Photo Video in New York City. This past week they announced a new credit card called Payboo. This is a traditional credit card that has one extra feature: when you buy anything from B&H and use the Payboo card, they will instantly refund you the sales tax before you finish the purchase. And at B&H, instant means instant – no expiring points, credits, or coupons to worry about. This new Payboo card provides an additional discount equal to your sales tax rate, and B&H will still collect and remit state sales tax in accordance with state sales tax laws and regulations.
While none of us needs another credit card, this may be worth it.