Items tagged with Overstock.com

The days of sales tax-free purchases on the Internet edged closer to an end on Monday, as a New York court dismissed the lawsuits which had been filed by Overstock.com and Amazon.com over the so-called "Amazon Tax." New York enacted this tax on Internet retailers that have affiliates based in the state. Previously, only retailers with a "physical presence" in the state were required to collect sales tax. New York changed its law to say that having an affiliate (meaning, a site like this one that has Amazon.com ads and gets revenue from click-thrus) constitutes a physical presence. Overstock.com... Read more...
With the so-called "Amazon Tax" taking effect in New York state on Sunday, Overstock.com filed suit Friday against New York, joining Amazon.com, which filed a similar lawsuit in early May.Overstock.com, which is based only in Utah, has no operations in New York, and sells exclusively through the internet, views the new law as unconstitutional under both New York and federal constitutional provisions, including due process clauses under both constitutions and the commerce clause of the U.S. Constitution as well. The complaint filed in the New York Supreme Court calls upon the court to issue an injunction... Read more...
Have you heard of the so-called "Amazon Tax?"  It's New York State's attempt to force etailers collect sales taxes if they have affiliates in New York.  Amazon.com has already sued over it, and Overstock.com has decided it won't collect the tax either - but it has taken a different route.Overstock.com is apparently taking a different approach. The company has begun sending out letters to affiliates in New York, letting them know that the company will, at least temporarily, be ending its relationships with NY affiliates.In other words, New York doesn't get to collect any taxes from Overstock.com,... Read more...