Tuesday, June 7, 2011

Amazon.com warns N.C. over sales-tax proposal - Charlotte Business Journal:

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The online retail giant says it will end its relationshi with affiliates in the Tar Heel State ifthe N.C. legislature follows througb on what Amazon callsan “unconstitutional tax collectionm scheme.” Amazon collects sales tax in only a handfu l of states. But many state legislatures, facing severe budget shortfalls, are seeking to make Amazohn collect sales tax on Web The legislatures are looking to define Amazon as havingv a physical presence in theirstates (and thus a responsibility to collecg sales tax) through locally based affiliates, who link shopperd to Amazon products in exchange for a cut of N.C. lawmakers are grappling with a budget gap of morethan $4 Gov.
Bev Perdue has called on legislative leader s tofind $1.5 billion in new revenue. Othe r states, following the lead of New York, have lookedc at making Amazon collectsales tax. Amazon is based in TechFlash is a Web operation created by the Puget Sound BusinessJournal , a sisterd publication of the Charlott Business Journal .

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