1. California Passes Law to Collect Sales Tax from Internet Purchases
... allows the state's tax board to collect sales tax from online retailers that have relationships with an affiliate, typically in-state blogs that drive sales to the retailers in exchange for a small cut of the proceeds. Federal law has allowed online retailers to collect sales tax only if the ... the governor signed the bill into law, very little taxes are collected. Amazon.com and Overstock.com severed their relationship with California affiliates to avoid having to collect the tax. Amazon used the same tactic after facing similar laws in Illinois, Arkansas, and Connecticut. Amazon is cur...
- Word Count: 791
- Approx Pages: 3
- Has Bibliography
- Grade Level: Undergraduate