Home>Blood money: Gettysburg's status as a national symbol is inseparable from its commercial success Make Money Online Back To Snippet Back To SITEMAP
Blood money: Gettysburg's status as a national symbol is inseparable from its commercial success Author: Reason
Byline: Brian Krebs
An agreement designed to win retailers' support for taxing their online sales faces a new test, as several states are objecting to an amnesty provision that would forgive participating companies for taxes owed on some or all previous online sales.
Illinois last week announced that it has joined a lawsuit against several large retailers seeking payment of past online sales tax obligations. New York is considering similar litigation.
The Illinois action comes just weeks after several big retailers, including Wal-Mart, Target and Toys R Us, began voluntarily collecting taxes on their online sales. In exchange, the states granted retailers amnesty from paying taxes they were liable for collecting on previous online sales.
Illinois was among five states that tentatively approved the amnesty deal but put off formally signing it while a new governor took office. The other states are Nevada, New Mexico New York and Pennsylvania. Meanwhile, three other states -- Arizona, California, and South Carolina --- rejected the amnesty offer outright.
So far, Illinois is the only state to say publicly it is going after retailers for failure to pay sales taxes on online sales. The state specifically has taken up a pair of whistleblower cases filed by Stephen Diamond, an attorney with the Chicago law firm Beeler, Schad & Diamond. The case targets Wal-Mart, Target, Office Depot and several smaller retailers.
|