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How is the estimated tax on my Online Marketplace order calculated?

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QuestionHow is the estimated tax on my Online Marketplace order calculated?
Answer
Tax is calculated based on several criteria, including destination address, type of product, and  identity of the buyer. The Estimated Tax amount could differ from the final sales tax charges.

Thomson Reuters charges sales tax in all U.S. states. If an item is subject to sales tax in the state to which it is shipped, tax is generally calculated on its total selling price. In accordance with state tax laws, the total selling price of an item generally includes item-level shipping and handling charges, discounts, and an allocation of order-level shipping and handling charges and discounts.

If you are exempt from sales tax, you will need to provide Thomson Reuters with the proper documents required by your state. Sales tax will not be removed from your invoice until the proper documents are received and processed. Please send your documents to:

THOMSON REUTERS
Tax & Accounting – R&G
Customer Service Dept.
PO Box  966
Fort  Worth, TX   76101-0966
UNITED STATES OF AMERICA
TypeHow Do I
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Date Last Published8/22/2013
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