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More online retailers have joined Amazon.com’s boycott of Rhode Island as the companies try to stamp out efforts to tax Internet sales.
Online diamond and jewelry retailer Blue Nile Inc. and discounter Overstock.com both said they have terminated contracts with Rhode Island advertising affiliates over legislation enacted to tax online sales.
What has been dubbed the “Amazon tax” –– became law Wednesday as part of Rhode Island’s state budget –– and also has been proposed by a handful of cash-strapped states. The law will force Rhode Islanders to pay a 7-percent sales tax for Internet purchases from out-of-state companies, such as Amazon.com, that have formal business relationships in the Ocean State.
The states are following in the footsteps of New York, which in 2008 enacted legislation intended to get around a federal prohibition on taxing Internet sales.
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