The Most Active and Friendliest
Affiliate Marketing Community Online!

“AdsEmpire”/  Direct Affiliate

Retailers Push Amazon on Taxes - WSJ 3/17/11

ArizonaJay

<b>5 Star Moderator</b>
affiliate
Wal-Mart, Target and Others Look to Close Loophole for Online Sellers Amid State-Budget Crises

Wal-Mart Stores Inc. (NYSE: WMT - News), Target Corp. (NYSE: TGT - News) and other large retailers are ratcheting up a political campaign to force Amazon.com Inc. (NASDAQ: AMZN - News) to collect sales taxes, sensing opportunity in the budget crises gripping statehouses nationwide.

The big-box stores are backing a coalition called the Alliance for Main Street Fairness, which is leading efforts to change sales-tax laws in more than a dozen states including Texas and California.

Until now, the group has been largely associated with mom-and-pop stores, spotlighting stories of small toy shops and booksellers who argue Internet merchants that aren't legally required to collect sales taxes enjoy an unfair advantage with shoppers.

Read the rest of the article as reprinted on Yahoo Finance here
 
banners
Back