Inside these posts: Internet sales tax

Visit our Filed page for categories. To browse by specific topic, see our Inside page. For a list of companies covered on this site, visit our Companies page.

 

Ill. to connect online retailers with new partners

Amazon dropped its Illinois business affiliates last week. (AP Photo/Paul Sakuma)

The Illinois commerce department will try to find new partners for businesses that previously sold products through Internet retailers like Amazon.com and Overstock.com. Amazon and Overstock plan to drop Illinois-based affiliates this spring to allow them to avoid collecting sales taxes under a new law that applies to Internet businesses that team up with Illinois partners. Get the full story »

Gov. Quinn signs Internet sales tax bill

An Amazon employee loading boxes, Dec. 1, 2008. (AP Photo/Scott Sady, file)

Gov. Pat Quinn signed legislation Thursday to require online merchants with a physical presence in Illinois to collect and remit sales tax.

The controversial law, called the Main Street Fairness Act, means online retailers — including giant Amazon.com Inc. and Overstock.com Inc. — must¬† collect sales taxes on purchases made by Illinois residents as long as the retailer has a physical presence in the state.¬† The law is effective immediately. Get the full story »