e-commerce

The Taxman - Coming to a Web Site Near You Soon

"The most important ways in which I think the Internet will affect the big issue is that it will make it more difficult for government to collect taxes." Milton Friedman

Oh, how little did he know. There is no force known to man that can stop a greedy government. The State Government of New York is that greedy government right now. Online retailers across America are struggling to come to terms with a new New York State law that requires them to register and collect taxes on sales into the State if they have affiliates there. Affiliates in this instance are sites that have links to retailers such as Amazon that earn them a small commission on any sales they generate. Lots of places carry these small ads, you see them everywhere even on the most prestigious sites. But if that affiliate happens to be based in New York, this new law kicks in and affects the retailer, whether they themselves are New York-based or not.

Mark Griffin

Mark has a long history of working with computers and the Internet, he has delivered presentations and courses on many topics over the years. His opinion is actively sought and highly valued.

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