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California Amazon Purchases to Likely Be Subject to State Tax

submitted on June 3, 2011 by pablos17 in "Member's Lounge"
If this bill passes the senate then those Amazon deals won't seem quite as nice. Glad I don't live in California, however, I doubt that tax free purchases on the internet will last forever.

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.


http://www.nbclosangeles.com/n.....07299.html
     

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    YanBz
    admin
    Posted by YanBz on June 3, 2011 [reply] 0 0
    Amazon fights tax law changes as varios states choose to adopte them. So far the results are mixed. This article says that internet tax law may soon be passed on a federal level, in which case Amazon and other online retailers will have little choice but comply IMHO

    http://www.businessweek.com/ma.....319222.htm

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