Friday, May 2, 2008

Amazon.com Sues To Stop New York Internet Sales Tax


Amazon.com is fighting back with a lawsuit trying to strike down New York state’s new law forcing the online retailer to collect sales taxes on the state’s behalf. The dispute, which is before a state court in Manhattan, is heading toward a constitutional showdown that will center on whether New York State is hindering interstate commerce by imposing on out-of-state companies, such as Amazon.com, the burden of serving as a tax collector for New York.
The so-called Amazon tax has been a touchy political issue as Albany has looked for novel ways to fund the state government’s soaring spending amid a predicted drop-off in state tax revenue as the economy slows. More... Discount Magazine Subscriptions - Discount Cigarettes & Tobacco - Nutty News Marketplace - Moto Sport