Here's something you'll be interested in if you get Amazon
associate payments as part of your regular income. Do you live in any
of the so-far five-in-all states out of which Amazon has pulled itself
because of 'illegal and unconstitutional' tax laws in those states? Article source: performancemarketingalliance.com
"The U.S Supreme Court's 1992 Quill decision forbids states from forcing tax-collection obligations on out-of-state merchants, but Tarheel legislators [in North Carolina, Hawaii and 3 other states] still want Amazon and other online retailers to start taxing their constituents.
"The Seattle-based retailer has no physical presence in the state, but a pending North Carolina bill holds that since affiliate Web sites in the state link customers to Amazon, the company is now responsible for extracting cash from Carolina shoppers.
"Other proposed North Carolina legislation would apply a new tax only to Internet ticket resales, in direct defiance of the federal Internet Tax Freedom Act, which prohibits taxes that target the Internet with burdens not applied offline.
"To its credit, Amazon yesterday refused to accept the expected new compliance burden and announced the cancellation of its North Carolina affiliate relationships.
"Said the company, "This is a direct result of the unconstitutional tax collection scheme expected to be passed any day now by the North Carolina state legislature (the General Assembly) and signed by the governor."
"So now the state won't get the revenue, even as in-state Web retailers lose their ties to Amazon thanks to the legislature's revenue grab. Brilliant."
I hate to think what dumb act will they think of next to put small businesses out, reduce state revenues and cut market ties?
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