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View Full Version : NY State Approves 'Amazon Tax'


Jorge
April 16th, 2008, 08:10 AM
Bill requires online retailers to collect a sales tax on items purchased by state residents.
It was only a matter of time I guess before one of the states in the Union decided to try and tax the internet. New York State legislators, not alone in a perennial state budget deficit, have decided that the state should start requiring online retailers to collect the sales tax on items they ship there.
Dubbed the "Amazon Tax," the bill is now awaiting the signature of the new governor David Patterson. Considering that he's a Democrat a signature is most likely a mere formality.
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