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If you would like to appear in this newsletter, please email Heidi at heidi.steinmetz@ci.mounds‐view.mn.us.    <br /> Mounds View Business News                                                                                                                                                                  April 2012  <br />Mounds View Business Council   <br />The Twin Cities North Chamber invites business owners to attend Mounds View Business Council meetings the 2nd <br />Wednesday of each month at the Mounds View Community Center, located at 5394 <br />Edgewood Drive. The next meeting is Wednesday, May 9, 2012, at 7:30am. If you want to receive meeting notices, <br />please contact Tim Roche at tim@twincitiesnorth.org or 763-571-9781. <br /> <br />Online Sales Tax—How  Does it Affect Your  Business?  <br />Mounds View business owner Larry Lucast wants fellow business owners to contact their legislators to discuss the <br />importance of mandating Internet and catalog vendors to charge their customers sales tax. Larry owns Corvette <br />Specialties, located at 2558 County Road 10 in Mounds View. He and his staff hear regularly that customers will purchase <br />items online to avoid paying sales tax. <br /> <br />Contact information for State legislators that represent Mounds View: <br /> <br /> <br /> <br /> <br /> <br />Nationally, any company that sells items online must charge sales tax in the states in which the business has a retail <br />physical presence. Although Minnesota law states that if you, as a business or individual, buy from an out-of-state vendor, <br />and are not charged sales tax, you must pay it to Minnesota. However, even though companies like Best Buy have to <br />charge sales tax in most states, Amazon has no retail stores, so they never have to charge sales tax. <br /> <br />The Federal government has proposed a law that requires big, online companies to charge sales tax, which would level <br />the playing field for small, local retailers. The proposed law actually gives local retailers a small advantage because they <br />would not have to charge sales tax on their out-of-state sales as long as total sales were less than $1 million. In Larry’s <br />opinion, the proposed law would give small, local retailers a chance to grow, yet not become too big at the expense of <br />even smaller retailers. <br /> <br />For more information on this issue, please email Larry at Parts@CorvetteSpecialties.com and contact your legislators <br />today to discuss how online sales tax affects your business! <br />Senator Pam Wolf <br />Email: sen.pam.wolf@senate.mn <br />Phone: 651-296-2556 <br />Representative Tom Tillberry <br />Email: rep.tom.tillberry@house.mn <br />Phone: 651-296-5510 <br />To register for <br />the Technology <br />Summit, please <br />contact the Twin <br />Cities North <br />Chamber at <br />763-571-9781. <br /> <br />Chamber <br />Member Price <br />$30 <br /> <br />Non-Member <br />Price <br />$45 <br /> <br />Vendor Booth <br />Price <br />$200