Tag - Overstock
ForeSee late Tuesday gave the nod to technology-driven online shops for satisfaction with online shopping during the holidays. Amazon led the group with a new high of 88 points. A one-point climb by Apple was enough to put it at a new high of 83 and a five-way tie with Avon, QVC, VistaPrint, and JC Penney, now headed by Apple's former retail VP Ron Johnson.
Amazon's lawsuit against a state of New York law that has online retailers having to collect taxes from residents of a state despite not having a physical office or base in the state has been thrown out of court by a judge on Monday. The law, passed in April and called the Commission-Agent Provision, names any affiliate linking to Amazon or any other online retailer that is responsible for more than $10,000 in sales as a part of Amazon or any online retailer in question and thereby entitles the state to collect taxes on the sales. Now, short of a successful trial in the Court of Appeals, Amazon and other online retailers will be forced to collect and pay taxes from every sale to a New York resident, which could set a likely damaging precedent to online sales.