Legislation & Lobbying
New Illinois Law Seeks to Require Web Merchants to Collect Sales Tax
Cash-strapped Illinois has jumped on the bandwagon with a handful of states that are trying to collect sales tax on Internet transactions.
Effective immediately, any Internet merchant with a physical presence in Illinois must collect and remit sales tax, under a bill signed today by Gov. Pat Quinn, reports the Breaking Business page of the Chicago Tribune.
Amazon and Overstock.com plan to try to circumvent the measure by ceasing their affiliation with Illinois-based website companies that direct traffic to the two
