Monday, 2 December 2013

Amazon's petition against collecting New York sales tax rejected by US Supreme Court

Amazon's petition against collecting New York sales tax rejected by US Supreme Court
Dec 2nd 2013, 16:18, by Jacob Kastrenakes

The Supreme Court has declined to hear a case from Amazon that challenges a New York law requiring it to collect sales tax within the state, reports Bloomberg News. The law was passed in 2008 and requires that any out-of-state retailer collect taxes if it uses an in-state company to attract business. Amazon and Overstock challenged the law, but New York's highest court — the New York State Court of Appeals — upheld it. Though the law is meant to create a level playing field between in-state retailers and internet retailers like Amazon, which can advertise lower prices by not collecting sales tax, Amazon reportedly argued that the law "subjects internet retailers to significant burdens" in doing so.

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