There is currently legislation pending in Mississippi that will require out of state merchants to collect and remit sales tax. Their version of the Amazon tax is SB2927. Since some merchants may opt to not collect the sales tax this has the potential to cause many merchants to remove Mississippi affiliates.
The version in Mississippi is much stricter than the versions proposed in other states. Like the other versions, if an out of state merchant uses affiliates nexus may be established. The big difference is that Mississippi's version does not have a threshold. Most of the other states set a threshold of $5,000 or $10,000 in sales (in previous 4 quarters).
If this one passes it will set a horrible precedent. Right now it has been referred to the Finance Committee.
If you live in Mississippi it is a good idea to begin preparing your business model and also reach out to your legislators.
Link to SB2927 http://index.ls.state.ms.us/isysnat...YlwyOTAwLTI5OTlcc2IyOTI3aW4ucGRm/sb2927in.pdf
The version in Mississippi is much stricter than the versions proposed in other states. Like the other versions, if an out of state merchant uses affiliates nexus may be established. The big difference is that Mississippi's version does not have a threshold. Most of the other states set a threshold of $5,000 or $10,000 in sales (in previous 4 quarters).
If this one passes it will set a horrible precedent. Right now it has been referred to the Finance Committee.
If you live in Mississippi it is a good idea to begin preparing your business model and also reach out to your legislators.
Link to SB2927 http://index.ls.state.ms.us/isysnat...YlwyOTAwLTI5OTlcc2IyOTI3aW4ucGRm/sb2927in.pdf