Tax Archives

B&H releases a statement disputing allegations of sales tax fraud by NY Attorney General

Nov 22, 2019 by John Aldred 7 Comments

B&H recently made headlines after being accused by the New York Attorney General’s office of being short on sales tax by at least seven million dollars over the past 13 years. They allege that B&H intentionally miscalculated sales tax in order to make their prices look more attractive to customers to outsell the competition.

A statement has now been issued by B&H spokesperson, Jeff Gerstel, disputing these claims, stating that their approach is the same way the entire consumer electronics retail industry works, and that the AG just wants to tax New Yorkers on money they haven’t spent.

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B&H shares rebates with customers, gets a lawsuit in return

Nov 17, 2019 by John Aldred 25 Comments

The Verge reports that the New York Attorney General believes retailer B&H has dodged over $7,000,000 in taxes in a lawsuit filed recently. It’s all to do with the “Instant Rebate” offers, which are common amongst online retailers these days. The suit claims that B&H has “cheated” the NY sales tax and that they “chose profits over principles”. The investigation and lawsuit come as a response to a whistleblower they say approached them in January 2016.

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DJI raises prices in the US due to Trump’s tariffs on Chinese goods

Sep 4, 2019 by Dunja Djudjic 10 Comments

The Trump administration’s latest round of tariffs applies 15 percent tax on goods imported from China. The decision took effect this Sunday, and in response, DJI has raised prices in the US by roughly 13 percent.

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B&H wants to give you the sales tax back with a new “Payboo” credit card

May 7, 2019 by John Aldred 1 Comment

A few months ago when it was announced that B&H (and other online retailers) had to start collecting sales tax for a whole bunch of states, a lot of people weren’t very happy. Of course, it’s not B&H’s fault, however, they decided to do something about it anyway.

Today they’ve just announced a new “B&H Payboo Card“. They’re calling it a “game-changing” credit card, and it’s their solution to sales tax by giving it back to you.

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B&H is now collecting sales tax on orders from 22 US states

Dec 2, 2018 by John Aldred 5 Comments

As a result of South Dakota v. Wayfair, Inc., photo & video retail giant B&H is now collecting sales tax in 22 states across America. Until this year, B&H only collected sales tax in New York and New Jersey, the only two states where B&H had a physical presence.

If you live in Alaska, Colorado, Connecticut, Hawaii, Illinois, Indiana, Kentucky, Maryland, Maine, Michigan, Minnesota, Mississippi, North Carolina, North Dakota, New Jersey, New York, Oklahoma, South Carolina, South Dakota, Vermont, Washington (state) or Wisconsin, your prices are going up if you order from B&H.

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