Salaams
In a new move to get more tax money New York State government is now Taxing Internet Sales. Read a report in an article posted online at the NY Post. (4-15-08)
Why is knowing this and keeping track of what happens in so far as future legal action important?
This impacts all publishers who also retail sell books (most Muslim publishers) online, self publishing authors who sell their books online, and authors who sell author copies they purchase from a publisher to sell to the public via the Internet.
The article reports that major retailers like Amazon.com may be the primary target for collecting the tax, but anyone who sells books to anyone via Internet in New York would be subject to this new NW State tax law.
For now the thinking by many in the book industry is that the NY State law won’t hold up in court since the regulation of the internet is a Federal right and not a State right.
Tags: Internet sales, law, New York, tax
