Borders Must Pay Calif. Tax on Web Sales
An AP newswire article by Kim Curtis on Yahoo! News reports that:
An appellate court ruling against Borders Group Inc. sets a precedent that could enable California to force some major Internet retailers to start paying state sales tax for books, music and other goods sold online to state residents.
Whether California tax collectors use the precedent to go after not only Borders but Barnes & Noble Inc., Amazon.com and other online retailers remains to be seen. But independent booksellers and other "bricks-and-mortar" retailers have been cheering, saying the ruling should remove their Internet competition's unfair advantage.
posted by Fergie @ 6/14/2005 06:03:00 AM
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