Ecommerce | NY State Sales Tax
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Ecommerce merchants need to be aware of legislation passed in New York State, that requires “E-Tailors” to collect New York State Sales Tax on orders shipped to New York Residents. Law requires Out-of-State Ecommerce Merchants to register with the NYS Department of Taxation & Finance if they ship over $10,000 in merchandise to New York State Consumers.
Seems Amazon.Com is sueing the State of New York over the new law and OverStock.Com has followed suit, with their own law suit. There is rumor that the Republican Majority in the Senate is against the tax and are looking to overturn this legislation. We keeping a close watch on the situation.
If the legislation is successful, we fear that other states will pass their own “Internet Sales Tax”.
MARK SANDS
1st National Processing
http://www.usa-merchantaccount.com
1-866 828-8683
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Tags: Ecommerce, NY State Sales Tax
