California's attempt to apply a sales tax to internet retailers would bring much needed revenue to the state, but would undoubtedly hurt the competitiveness of online retailers (who currently don't have to pay this tax). Amazon, the online retailing giant, opposes this measure. This article explains the background regarding state taxation of internet sales, exactly how badly this tax would hurt Amazon, and Amazon and California's strategic moves in this high-stakes fight over internet taxation.
- Summary by FizzLaw Team
Read the Article at:
Amazon Mysteriously Postpones Offensive Against California Sales Tax