Tax,
Corporate
May 5, 2010
The 'Amazon Tax,' Too Good to Be True
The "Amazon tax's" seductive scheme may tempt Californians, but Kenneth Lee of Jenner & Block cautions that it is too good to be true.
San Diego
Kenneth K. Lee
Circuit Judge
Facing a gaping $20 billion budget deficit, the California state legislature has recently renewed its attempt to enact the so-called "Amazon tax," a tax that would apply to out-of-state online retailers that have no physical presence within the state.
Californians may be tempted by this seductive scheme: It brings in potentially up to an estimated $150 million into the state's coffers, but places the burden on faceless out-of-state companies that have no political clout in Califo...For only $95 a month (the price of 2 article purchases)
Receive unlimited article access and full access to our archives,
Daily Appellate Report, award winning columns, and our
Verdicts and Settlements.
Or
$795 for an entire year!
Or access this article for $45
(Purchase provides 7-day access to this article. Printing, posting or downloading is not allowed.)
Already a subscriber?
Sign In