Re: My $.02

Author	All Replies
tcope Premium join:2003-05-07 Sandy, UT kudos:1	reply to GlobalMind Re: My $.02 said by GlobalMind: I live in South Florida. The parent company of my division is in NY. The division I work for is in Indiana. While I presently work out of an office of said parent company, this will change soon and I will work from home. Since FL has no state income tax either, I do not presently pay any state income tax. And frankly that is the way it should be. The tax needs to be based on the person's permanent residence, not the location of the company they work for. Otherwise I would theoretically pay tax on NY and IN...and let me tell you that ain't gonna happen. This is purely greed by the state of NY looking for yet more income. I guess they don't like the idea that NY companies would hire people from other states and not move them to NY so they could collect income tax. Are you required to work in FL? If so, NY would allow you an exemption for NY taxes... as the article states. So this is already covered. Your situation is probably different then the person's in the article. Here is the part that most people, including yourself, is overlooking; it's legal for some states to tax income. This is done because the company paying the income benefits from being in the state. The state provides the infrastructure of the state and allows businesses to operate. So, we can all agree it's legal for NY to tax incoming being paid from NY companies to NY employees. Now... because the person _chooses_ to live someplace else is irrelevant. Because someone chooses to live outside of NY does not change anything.
	to forum · permalink · 2005-11-01 16:43:25 ·
jp10558 Premium join:2005-06-24 Willseyville, NY	I'm sorry, so since I work for Best Buy, I should pay income tax in all 50 states??? I don't see why I should pay tax based on where the company is located. It doesn't make sense to me. AFAIK till now, all taxes were based on where you live. If that's not the case, then the whole net sales tax thing got a whole lot easier. You pay the sales tax where the company is located (and watch a whole butload of companies move to a state w/out sales tax). I mean, they shouldn't be able to have it both ways. -- Opera 8.5(Build 7700); Windows XP Pro SP2;Athlon 64 3400+; 1GB PC3200 DDR; 1M/128k DSL; NOD32(Version 2.5.25); Outpost Pro 3;Proxomitron 4.5j Grypen 10/25/05(Opera mod),GPG ID:0x0A1C6EE3
	to forum · permalink · 2005-11-01 20:46:08 ·
tcope Premium join:2003-05-07 Sandy, UT kudos:1	said by jp10558: I'm sorry, so since I work for Best Buy, I should pay income tax in all 50 states??? I don't see why I should pay tax based on where the company is located. It doesn't make sense to me. AFAIK till now, all taxes were based on where you live. If that's not the case, then the whole net sales tax thing got a whole lot easier. You pay the sales tax where the company is located (and watch a whole butload of companies move to a state w/out sales tax). I mean, they shouldn't be able to have it both ways. Only if you get _paid_ from offices in all 50 states. I mentioned in another post that it does not matter where your company has a presence. Only two places matter... where you get paid and where you live. "Net sales tax"???? We are discussing _income_ tax.
	to forum · permalink · 2005-11-02 08:03:15 ·

Telecommuting Income Tax > My $.02