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Reading: Overstock.com Goes After NY Over Internet Tax
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Science & Tech

Overstock.com Goes After NY Over Internet Tax

Published on: May 30, 2008 at 10:08 PM ET
Duncan Riley
Written By Duncan Riley
News Writer

Overstock.com has filed a lawsuit to challenge New York’s law requiring Internet retailers to collect 8.75 percent sales tax and pay state taxes for online sales made to New York consumers.

According to Reuters , the law applies even if the retailer does not have a physical presence within the state. Earlier this month, Amazon.com filed the same lawsuit

“We love New York,” said Patrick Byrne, Overstock.com chairman and chief executive officer. “But, we had to choose our New York customers over the New York tax collector armed with an unconstitutional statute.”

Really, you love New York? Or you love the New York customer?

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