Melanie Seery from NYAffiliateVoice announced today that an encouraging new bill has been introduced that could remove New York affiliates from the tax nexus equation, which is big news and sounds like a great solution to the problem.
Just wanted to be sure to get the info out quick and try to help get people over to Melanie's blog to read all the details. She has a list of senators and other resources for people who want to help try to stop this thing in it's tracks before it spreads.
Quote:
Federal Action to Repeal the Tax - "Last week Mr. Jim Bunning, a Senator from Kentucky introduced a bill that would eliminate affiliates from the definition of physical presence within a state. If it were to pass, this would mean that states would be prohibited from taxing out of state merchants if the only revenue sharing connection are affiliates...
Now is the time that all affiliates should contact their Senators. This is not just a New York issue. It needs to be addressed by all states. If this law does not pass the gates will be open to all states to enact similar laws."
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Comprehensive coverage of the New York Affiliate Tax Issue HERE and HERE
New NY Tax Repeal Initiated - Contact your Senator
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