Is a special card the answer?
By Rick Richardson
Nobody likes to pay sales tax and until recently, most of us shopped online to avoid our local sales tax.
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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.