ventor

NY Tax Law will require e-commerce vendors to collect taxes

December 2, 2008 - 3:25am | Articles | Law aspects
NY Tax Law will require e-commerce vendors to collect taxes

In the United States, e-commerce vendors have been exempted from collection of taxes by the Internet moratorium act. Yet, some states are already reaching out to these vendors as source of fiscal revenue. The state of New York, one of the most important e-commerce players, recently modified its tax code and expanded the definition of the word "vendor;" this new definition seems to embrace those selling goods and services over the Internet.


-1 points
Did not find what you want? Try to search all ecommerce sites!
Custom Search