Monday, March 14, 2011

Amazon sales tax looms on the horizon

The cost of doing business keeps getting more costly--see excerpt from the New York Times article below.

Amazon Pressured on Sales Tax
By VERNE G. KOPYTOFF
Published: March 13, 2011

SAN FRANCISCO — Across the country, state officials struggling with big budget shortfalls are trying to get Amazon.com to take on a role it does not want: tax collector.
Amazon’s skirmishes with states over whether it should collect sales taxes have been an ongoing battle. But the fighting has recently escalated, coinciding with the economic woes that have left a number of states struggling with multibillion-dollar deficits, and looking for money wherever they can find it.
Last Thursday, Gov. Pat Quinn, Democrat of Illinois, signed a law that compels online retailers that work with affiliates in his state to collect sales tax on purchases by residents.

Read the full article at: http://www.nytimes.com/2011/03/14/technology/14amazon.html?_r=2http://www.nytimes.com/2011/03/14/technology/14amazon.html?_r=2

No comments:

Post a Comment