Friday, January 1, 2010

Amazon's sales tax battle with states headed for a rematch


Amazon's sales tax battle with states headed for a rematch:

"Lawmakers in a number of cash-strapped states are poised to revive efforts to make Amazon.com and other internet retailers collect sales tax — efforts that, if successful, could have far-reaching consequences for Amazon’s fast-growing e-commerce business.

Seattle-based Amazon only collects sales tax in a handful of states. But last year, a variety of state legislatures, looking for new sources of revenue to fill budget holes, tried to force Amazon and other internet retailers to collect sales tax on web purchases."