Âmázon Tax Bill Passes CA Assembly

[❤ mollymouser ❤]

www.nbclosangeles.com/news/politics/Amazon-Tax-Bill-Passes-State-122907299.html

excerpt...

The state of California could collect more than $1 billion a year by taxing Amazon and other online retailers if a bill approved by the Assembly becomes law.

Assemblyman Charles Calderon, a Democrat from Whittier, says his legislation doesn't impose a new sales tax, but extends one that California should already have been enforcing.

AB155 passed, 47-16, with the support of one GOP lawmaker Tuesday. It now heads to the Senate.

Other Republicans rejected the bill because they said it would invite lawsuits, drive business out of California, and get the state entangled in the messy task of regulating the Internet.

The measure extends the sales tax to online companies that have a presence in the state, including those that work with sister companies with offices in California.

[AgeOfEnlightenmentSCP]

Um, they'd better be careful. If you're an Amazon affiliate in California, this will very likely put you OUT OF BUSINESS; and if you're just a citizen of your state, you should carefully consider whether or not you want to continue to collect the income and other taxes paid by these affiliates, or lose ALL the revenue and get NOTHING...

www.businessinsider.com/amazon-terminates-affiliate-program-in-illinois-after-new-tax-law-2011-3

Amazon Terminates Affiliate Program In Illinois After New Tax Law

Amazon is terminating its affiliate marketing program in Illinois after the state passed a new law requiring ecommerce companies like Amazon to charge sales tax in the state, even if they have no physical presence there.

Amazon's nationwide associates program lets anyone earn money for referring customers to Amazon, and it is a significant source of income for many web publishers.

Now these people must either move out of Illinois, figure out a new business, or lose a chunk of their revenue.

In theory, the law was supposed to benefit mom-and-pop local businesses, who may be threatened by ecommerce sites like Amazon. But as Amazon points out, in reality, the law benefiting the national big-box retailers who are most threatened by Amazon -- most of which aren't even based in Illinois. And now it's hurting mom-and-pop web publishers.

[floridayankee]

Jun 1, 2011 12:51:04 GMT -5 ❤ mollymouser ❤ said:

www.nbclosangeles.com/news/politics/Amazon-Tax-Bill-Passes-State-122907299.html

excerpt...

The state of California could collect more than $1 billion a year by taxing Amazon and other online retailers if a bill approved by the Assembly becomes law.

It's just another way to bilk more dough out of the pockets of hard working people....but I still fail to see how a state can require a business outside it's borders to collect sales tax for that state.

[Deleted]

Poor CA, driving more business out of state. Remember that thread about TX and Amazon-- wonder how it all worked out.