Amazon says 'No' to Colorado-based Associates
808_ 3/15/10 - Dear Colorado-based Amazon Associate: (More Details) We are writing from the Amazon Associates Program to inform you that the Colorado government recently enacted a law to impose sales tax regulations on online retailers. The regulations are burdensome and no other state has similar rules.
Larry talked to Dave Taylor, founder of Intuitive.com and asked for an overview of the newly passed legislation known as HB1193. We've heard rumblings and a lot of discontent recently. Now we're beginning to feel the effects, and it hurts. "A couple of months ago the legislature in Colorado looked at all the ways tax money was coming in and said, god, there is some of it that we're not getting - and some of it is Internet related transactions. And so, they created a tax on affiliate transactions. Which is to say, if you on your web site were to link to a book on Amazon, up until today (March 8th, 2010) Amazon might have paid you a very small percentage of that transaction as a thank you for enabling that person to find the stuff on their site. Basically the Legislature looked at it and said, you know, that's a transaction that we should be able to generate some tax revenue from. They drafted a bill called HB1193 that basically said any company..." Listen for more... Amazon's email included: "Regrettably, as a result of the new law, we have decided to stop advertising through Associates based in Colorado. We plan to continue to sell to Colorado residents, however, and will advertise through other channels, including through Associates based in other states." We have a Link to the entire Amazon email below...
Related Links: Intuitive Systems Blog || Read Amazon Letter || Amazon Mastering Change || w3w3.com Blog & Books || Keywords: Dave Taylor, Intuitive Systems, Amazon, Associates, Sales Tax, Colorado, HB1193, Affiliate Transactions 3/15/10 bytes: 5008825 Chnl: News LISTEN to Dave Taylor, Intuitive.com