02.12.2013 20:48:31

US Supreme Court Rejects Amazon Sales Tax Case

(RTTNews) - The US Supreme Court Monday declined to get involved in the billion-dollar fight between states and online retailers over the collection of sales tax.

The Court, without any explanations, rejected appeals by online retailers Amazon.Com Inc. (AMZN) and Overstock.com Inc. (OSTK) against a New York State law that demands sales tax to be collected despite the companies not having any facilities in the state. The online retailers were appealing against the ruling of New York's top court, which upheld the state law.

Amazon has no offices or warehouses in New York, and online retailers usually do not collect sales tax in these states. However the New York Court of Appeals said that Amazon can be considered to have physical presence as it uses "in-state affiliates."

Analysen zu Amazonmehr Analysen

20.12.24 Amazon Outperform RBC Capital Markets
16.12.24 Amazon Buy UBS AG
16.12.24 Amazon Buy Jefferies & Company Inc.
05.12.24 Amazon Kaufen DZ BANK
20.11.24 Amazon Overweight JP Morgan Chase & Co.
Eintrag hinzufügen
Hinweis: Sie möchten dieses Wertpapier günstig handeln? Sparen Sie sich unnötige Gebühren! Bei finanzen.net Brokerage handeln Sie Ihre Wertpapiere für nur 5 Euro Orderprovision* pro Trade? Hier informieren!
Es ist ein Fehler aufgetreten!

Aktien in diesem Artikel

Amazon 214,35 -0,90% Amazon
Overstock.com Inc. 4,61 -5,46% Overstock.com Inc.