Call it a sign of the economic times: According to a TurboTax infographic, states are now instituting affiliate taxes. Although it’s been a long time coming for online retailers like Amazon, cloud services resellers have typically been immune. But that could change. READ MORE
On Wednesday, California governor Jerry Brown signed a law that requires online retailers to collect sales tax from CA residents even if the companies have no brick-and-mortar presence in the state. It’s another example of the so-called “Amazon Tax,” which circumvents the brick-and-mortar statute of federal law by declaring CA-based affiliates–say, a personal blog linking out to Amazon or Drugstore.com products for a small slice of any sale action–as a physical presence. READ MORE
