This could really change things for affiliate programs and online entrepeneurs.
Amazon.com is suing New York over a new law that requires out-of-state online companies to collect sales tax from shoppers in New York.
Officials estimated the state would gain about $50 million by requiring Internet giants such as Amazon.com to collect state sales tax. New Yorkers, like residents of many states, are currently on an honor system to report their online spending when they file state tax returns.
The law applies to companies that do not have a brick-and-mortar presence in New York but have at least one person in the state who works as an online agent basically someone who links to a Web site and receives commissions for related sales.
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[Source: A Small Business Blog and Small Business Tips Related to Growing, Marketing and Managing a Small Business.]
