Overstock cuts ties in Arkansas
HTT Staff -- Home Textiles Today, 4/8/2011 10:59:12 AM
Salt Lake City - Overstock.com ditched its Arkansas ad contracts after the state's governor signed a law requiring online retailers to collect sales taxes from affiliate web sites with which it they do business in the state.
"We will cut marketing ties in any state passing laws making out-of-state retailers collect sales tax simply for having marketing affiliates in those states," said Overstock.com ceo Patrick Byrne.
The company cancelled ad contracts in Rhode Island, New York, North Carolina, and Illinois after those states passed similar laws. Overstock is also pursuing the matter in court.
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