In 2008, New York enacted a measure that requires many large online retailers to begin collecting sales taxes on purchases shipped to the state, even if they have no operations or employees there.
The measure states that any online retailer that generates more than $10,000 in sales via in-state sales affiliates must collect New York sales tax. Many online retailers, including Amazon.com and Buy.com, have sales affiliates nationwide that link to the retailer's web site and are paid commission on any sales generated from their referrals. New York's measure clarifies state tax law to say that sales affiliates based in the state are representatives of the online retailer. This means that the retailer has nexus (i.e., a physical presence) in the state and is required to collect state sales taxes.
In all, more than 30 companies are covered by New York's provision. According to the New York State Department of Taxation and Finance, in the first six months since the provision became law, the state has recouped $46 million. Officials expect to recoup $68 million in FY 2009-2010.
Several other states are now considering legislation modeled on New York's.
How about instead of taxing, taxing, taxing... We Start Making Jobs!
My Unique Designs can be found at
Friday, March 25, 2011
Thursday, March 24, 2011
New York Starts New Clothing Sales Tax - What do you think?
In New York, there is no state sales tax for clothing under $110 – currently only some counties do tax clothing – but that’s all going to change come Oct. 1 when the state tax on all clothing is reinstated.
The tax will last only six months and beginning on April 1, 2011, the tax will be rescinded on clothing that retails for less than $55.
The current plan is to raise the exemption level to $110 again in April of 2012
What are your thoughts on the issue?
The tax will last only six months and beginning on April 1, 2011, the tax will be rescinded on clothing that retails for less than $55.
The current plan is to raise the exemption level to $110 again in April of 2012
What are your thoughts on the issue?
Friday, March 18, 2011
SPRING INTO SUMMER
SPRING
INTO
SUMMER
Spring 2011
With an eclectic, experimental eye CORI JEAN
Is showcasing her Spring Clothing line of unique one of a kind designs.
“Only One of its Design!”
Online Event: http://www.corijean.net
Cori Jean is raffling off her signature
“Green with Envy Grecian Dress”
$ 1.00 per ticket which can be purchased online or check mailed to:
Cori Jean P.O. Box 425 Sag Harbor, NY 11963
The Winning ticket will be drawn April 7th.
INTO
SUMMER
Spring 2011
With an eclectic, experimental eye CORI JEAN
Is showcasing her Spring Clothing line of unique one of a kind designs.
“Only One of its Design!”
Online Event: http://www.corijean.net
Cori Jean is raffling off her signature
“Green with Envy Grecian Dress”
$ 1.00 per ticket which can be purchased online or check mailed to:
Cori Jean P.O. Box 425 Sag Harbor, NY 11963
The Winning ticket will be drawn April 7th.
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