Why would B&H promote this??

Started 2 months ago | Discussions thread
CMCM Senior Member • Posts: 4,240
Re: Why would B&H promote this??
1

Tom_N wrote:

lilBuddha wrote:

  • They are paying your taxes.

I believe that "merchant pays your tax; offers 'tax-free' purchases" may run afoul of laws in some states. So this is an instant credit that just happens to match the amount of the tax. They are still collecting the actual tax from you, and forwarding your tax payment to the state.

Yes...the merchant pays the tax on the original product amount, then "discounts" the tax amount back to you disguised as paying your tax.  The states still get their money.   The way they have structured it, they still charge the required amount per the product manufacturer, the state gets its tax, and B&H loses a bit of their profit from those who use the card.  Companies do sales like this all the time, claiming they are paying your sales tax.    But it's less "discount" than a 10 or 15% off type discount!

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