|
Date Posted: 
2008-05-16

 

Overstock's Patrick Byrne battles New York Sith Lord

Late last month, New York Governor David Patterson rubber stamped a $122bn state budget that attempts to collect an additional $50m in sales taxes from various online retailers. People call it the Amazon Tax, but it affects more than just Amazon.

Under the new law - which takes effect on June 1 - any e-tailer with New York-based affiliate marketers is considered to have a "physical presence" in the state, and that means they're required to collect sales tax on all goods shipped to a New York address.

 

Read the full article on Overstock and New York Affiliates