Is American Express selling T60's on their wish site?

I received literature from AMEX saying that they were selling T60's on their My Wish List site. All I see is the Z61 on their site. Anybody know if AMEX will be selling T60's??

What's the best deal for a Core 2 DUO T60 for about $1,000 on the web?

 

Call AMEX and inquire, credit card companies will run offers at discounted prices.

http://shop.lenovo.com/SEUILibrary/...-category-id=19C791A03AF24034A0011B825513BCED

The one on the far left is $959 with a Core 2 Duo. That's with a discrete graphics card too. This holiday sale ends tommorrow though.

 

Can't buy from Lenovo direct. They charge sales tax to my state. It's against my religion to pay sales tax over the web.

 

You do realize that while the seller is only obliged to charge sales tax if it has a presence in your state, I believe all (if not, definitley most) states require that you the buyer pay taxes on it..not that anyone ever does or that the states ever enforce it.

 

Incorrect. Congress passed legislation making internet purchases tax free outside your own state. Congress reapproves the tax free status of internet purchases every few years.

 

Uh, yes, if the seller has nexus in your state, they have to charge sales tax regardless of how they sell you an item. IBM has nexus in most states, and so does Lenovo, since they bought IBM's entire PC operation, therefore they must charge sales tax.

You're still theoretically (and really, if you get audited by your state) liable for use tax on items you purchase anywhere and don't otherwise pay sales tax on. Use tax is rarely enforced, though. I've seen people get slammed for use tax when they were being audited, though.

The law you speak of merely makes it so that an Internet presence does not constitute nexus, thus preventing states from forcing out of state sellers who have no salesmen in state to collect sales tax for them. It does not make purchases over the internet tax free.

Edited to add: Whenever I've looked, I'd end up paying more through a reseller and not paying tax than I would buying from Lenovo. Also, if you buy through the fatwallet link, you get 7% back, which will largely offset your tax liability.

 

I'd love for you to pass that law along to me because my wife is a CPA Auditor for a top 4 firm and gives me a really hard time about not only declaring and writing out every last bit of my income from 'side jobs' (I do IT consulting on the side), but also in paying sales tax to the state on purchases that the vendor didn't collect sales tax on. She's worried that if they audited us she'd lose her license if I wasn't completely on the ball with every last little law in the books.

If you are in fact correct, that'd mean she would have to leave me alone about paying sales tax to the state, PLUS she could tell her entire firm that their tax department is wasting millions of their client's dollars.

Somehow, though, I doubt they're that clueless about what they're doing and the law most likely requires sales tax to be paid to the state when not collected by the vendor.

 

A kind reply to the previous post. First, I said you do not have to pay sales tax on items purchased through Amazon.com or Buy.com. If you live in California you pay sales tax using Buy.com. If you buy from Amazon.com you pay sales tax in Washington.

I'm not talking about buying cars here from border states. I'm talking about electronics. I'm not saying operating a buisness in California means a person does not pay sales tax in business they do in Nevada. I am only speaking to junk bought on the net.

They used to call the accounting firms the big 5, but corrupt Arthur Andersen broke a few laws and went bankrupt so we only have the big 4. This big 4 firm your wife works for is not public and they don't like to disclose the billions they make in profit each year. In addition, the big 4 is responsible for all the restated bogus profits of corporate america. Who do you think invented pro forma accounting practices? Let's just say Amazon has looked much better on paper than in reality thanks to one of the big 4 accounting firms. Of note, Monster.com just restated almost $300 in past profits due to creative accounting which manipulated stock options to Monster employers.

You standing on your soapbox bragging about your wife's job is pathetic. She works for the devil. They have no ethics, morals or values at the big 4 accounting firms.

 

extended to 12/18.

 

Karl, you do realize that treating stock options that way was explicitly allowed under GAAP until very recently, when it was retroactively changed?

Besides, you don't have to pay sales tax to another state when the vendor doesn't collect it, you have to pay use tax to your own state.

Additionally, if the company you are purchasing from has operations (even just salespeople!) in your state, they are required by law to collect sales tax and remit it to your state government. That is why buy.com collects sales tax to people in California, why Amazon collects sales tax to people in Washington, and why IBM and Lenovo both collect sales tax in most if not all states.

Again, if the sales tax isn't collected and remitted by the company you purchase from, you owe your state government use tax, but practically speaking you'll never have a problem with not doing so unless you're audited. There is no free lunch, except for companies doing business on the Internet, like Amazon and Buy.com who don't have to collect sales tax in every state. This will be changing far sooner than you think, as many states are now party to an agreement whereby they each require that companies based in their state collect sales tax on behalf of other states which are also party to the agreement. They're spending gobs of money coming up with a system whereby companies can use a database to determine the total sales tax rate in any given zip code.

The agreement also requires states to regulate the way that sales taxes are charged in the various jurisdictions in their state to make this easier to do.

The companies are getting a financial incentive to start doing this as well, in the form of release from liability for sales taxes they may have been required to collect but had not if they had operations within a given state. It's easier to form nexus with a state than you might think. There's actually a lot of case law on the subject.

Threxx, if your wife is in audit, she might get a kick out of this: Section 404

And unless she's working for Deloitte, she'll like at least one of these: KPMG 1 KPMG 2, EY "Soul" EY #1, PwC '98, More PwC

And so everyone else doesn't feel left out: Ever Onward IBM!

(I'm really a dork, I actually like some of those songs )

BTW, if anyone has a copy of the Deloitte song, or any other wacko company songs (accounting or otherwise), I'd love to have a copy.

 

I know what you said, and I said unless her firm is incorrect, the purchaser is responsible for paying sales tax to their state if the vendor does not collect it.

I basically said you are incorrect, but if you have information proving otherwise, I'd love to hear it, and I really do mean I'd love to hear it because it would save me quite a bit of money.

Nice one-sided rant you went on there. Might I remind you without CPAs, auditing firms, and the like, these companies would most likely get away with far, far more. They pay these firms to generally maximize their profits while staying within the confines of the law, much like they would a lawyer. If you don't like that, then change the laws, not the people who follow them. Yes there have been cases or corporate corruption and scandals, but those are the exception, not the norm. Of course the media would have you believe otherwise, but then again if you paid attention to the media they would have you believing that every time you fly you are at great risk of being killed by a terrorist or malfunction in a plane, yet statistics show that if you took a single flight every single day of every year on average you would have to live for 54,000 years before you would die in a crash. Basically around 1 in 20 million first world country flights has crashed in the last 15 years.

But that's beside the point.

As best as I can tell you went on that rant either because you were wrong about the sales tax collection law and didn't like that being pointed out, or because I mentioned my wife works at a firm and you have some pent up anger toward auditing firms in general.

Or maybe a bit of both.