Merchants and affiliate marketers have been able to avoid the complication of state taxes on transactions, but that may be coming to an end if a New York state bill is made law and catches on with other cash-strapped states…
InternetNews Realtime IT News – ‘Amazon Tax’ Lands in New York: “The so-called ‘Amazon tax’ closes a loophole for Internet retailers who derive sales through affiliate programs in which Web site owners place a link to the merchant on their site and earn a commission on sales made from referrals. In lobbying for the bill, the industry group representing New York retailers had argued that the exemption from the sales-tax collection requirement gave out-of-state online retailers an unfair competitive advantage. “
Keep an eye on this one.