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E-Commerce Forum - eBiz Online Community » Marketing & Website Promotion » Affiliate Marketing » Share-A-Sale » SAS assits Merchants with NY tax

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Old 05-20-2008, 04:52 PM   #1 (permalink)
 
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Default SAS assits Merchants with NY tax

Most of us already know about the NY Affiliate Tax that goes into effect June 1st.

The merchants must pay taxes on this basis:
"The cumulative gross receipts from sales by the seller to customers in New York State as a result of referrals to the seller by all of the seller’s resident representatives under the type of contract or agreement described above total more than $10,000 during the preceding four quarterly sales tax periods. (Sales tax quarterly periods end on the last day of February, May, August and November.)"
(Read the entire Law Here.)

In case you haven't seen it yet... Share-A-Sale has added a new link on your Merchant Dashboard for "NY Affiliate Revenue"... this will allow you to find out how much revenue has been generated in the past 4 Quarters by NY-based affiliates.

Although it doesn't do-away with the law or the nasty tax that comes along with it.... It's a nice touch.
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Michelle Pushefski
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michelle.pushefski@solidcactus.com


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