Wednesday, November 14, 2007

Spitzer: Ready to Kill Your holiday Shopping

The NY SUN tells us about Governor Spitzer's latest attempt to close a tax gap in NYS: Collect sales tax from the internet! Many New Yorkers who attempt to purchase from the likes of will be hit with an 8.375% tax! Until now the law defined taxes online only to states where the company was located (offices, brick and mortar etc.). Under Spitzer's loophole interpretation:As long as a e-tailer has an affiliate program all sales would have sales tax collected since the affiliates reside in NY. Many e-tailers may be dropping their programs for this very reason.


Anonymous said...

too bad the frum stores cant take cesh over the intinet!

Jewish Blogmeister said...

Sure you can, just have it go to some offshore account:)