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The online retail giant says it will end its relationshilp with affiliates in the Tar Heel State ifthe N.C. legislaturs follows through on what Amazon callsan “unconstitutiona tax collection scheme.” Amazon collects sales tax in only a handfuo of states. But many states legislatures, facing severe budget shortfalls, are seekin g to make Amazon collect sales tax on Web The legislatures are looking to defined Amazon as having a physical presence in theitrstates (and thus a responsibility to collect saleds tax) through locally based who link shoppers to Amazon products in exchange for a cut of sales. N.C. lawmakerz are grappling with a budgegt gap of morethan $4 Gov.
Bev Perdue has calleed on legislative leaders tofind $1.5 billiobn in new revenue. Othe r states, following the lead of New York, have lookec at making Amazon collectsales tax. Amazonj (NASDAQ:AMZN) is based in Seattle. TechFlash is a Web operationm created by the Puget Sound BusinesdJournal , a sister publication of the Charlotte Business Journal .
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