• Forbes reports that Amazon.com has “severed “its affiliations with websites in Connecticut on Friday because of a new state tax on online purchases, retaliating against a measure that it opposed as ‘unconstitutional and counterproductive’.
“The withdrawal by the retail giant means that web retailers and other marketers in the state will no longer receive a portion of the sales for funneling customers to Amazon, which has taken the same action in four other states that approved similar taxes.
“The so-called ‘Amazon tax’ was included in budget legislation signed last month by Democratic Gov. Dannel P. Malloy, and the state expected to raise $9.4 million by collecting sales tax from online transactions for the first time. It requires Internet retailers to collect tax on sales generated through website affiliates in Connecticut.”
“The withdrawal by the retail giant means that web retailers and other marketers in the state will no longer receive a portion of the sales for funneling customers to Amazon, which has taken the same action in four other states that approved similar taxes.
“The so-called ‘Amazon tax’ was included in budget legislation signed last month by Democratic Gov. Dannel P. Malloy, and the state expected to raise $9.4 million by collecting sales tax from online transactions for the first time. It requires Internet retailers to collect tax on sales generated through website affiliates in Connecticut.”
- KC's View:
