Posts Tagged ‘california’

Articles Gets Two California Addresses…

In Accounting & Finances,Business,Culture,Taxes on June 14, 2012 by Sufen Wang Tagged: , , , , , , ,

with a Big Share of the Sales Tax….

Amazon could soon be your next-door neighbor. The online retailer already has plans to build fulfillment centers in San Bernardino and Patterson, CA. While these huge brick and mortar warehouses won’t attract tourists, they will generate much-needed local jobs and, even better, about $8 million for each city.

That’s because Amazon agreed to start collecting sales tax starting Sept. 15. Since all Amazon purchases by California customers will “originate” from San Bernardino and Patterson, those two cities will earn 100% of the city portion of the state-wide, standard sales tax that will be charged by the online merchant.

Except the cities won’t be keeping the full 100% – after all, Amazon needs a housewarming gift. Specifically, a sales-tax rebate of 75% from Patterson and 80% from San Bernardino. These deals are still in the works, but the high numbers are indicative of how desperate cities are to welcome major online retailers to the neighborhood.

However, Amazon as the new kid on the block isn’t necessarily a win-win situation. California law leaves it up to the merchant to pick the point of sale – that is, the community where they are physically housed which gets the share of the sales taxes. That means that online merchants can shop around the state for the best sales-tax rebate deal, while cities butt heads and try to out-bargain each other.

The result is that Amazon, previously so resistant to charging sales tax, could profit the most from the state sales tax – and not California itself. Now that’s hospitality at its best.
On the Money,
Sufen Wang
Wang Solutions


Pay to Play in CA: Are Californians Entitled to Paid Holidays?

In Business on May 31, 2011 by Sufen Wang Tagged: , , , , , , ,

closed for holiday

Holidays are a great time to get together with family and friends. They can be joyful celebrations of happy times or remembrances of momentous occasions in our nation’s history. People often get time off from work to be able to properly observe national holidays.

But this isn’t necessarily the case for Californians. Did you know that California law does not require an employer to provide employees with paid holiday time off?

In fact, according to this article, the California Department of Industrial Relations states that “hours worked on holidays, Saturdays, and Sundays are treated like hours worked on any other day of the week.” Furthermore, California legislation specifically states that no business is required to “close its business on any holiday, or that employees be given the day off for any particular holiday.”

This not only means that employers can require employees to work on national holidays, but also that they don’t owe employees additional compensation for working during these holidays. However, companies are still mandated by law to pay overtime at a minimum of time-and-a-half to employees for working more than forty hours per week, and that includes time worked during holidays.

Conversely, employers can also shut down business on any holiday without compensating employees for the loss of a day’s work. With so many Californians struggling financially, this can be a significant loss to some employees.

But there are still things to be thankful for. If you work for a California company that does offered you paid holidays off, this means that it’s the employer’s policy, and is not mandated by law. The same goes for holiday pay (usually time-and-a-half). If you work for a company that has a paid holiday time policy, be sure to thank your CEO the next time you see him.

On the Money,

Sufen Wang
Wang Solutions