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Friday, March 20, 2009

Do You Live in California - It Can Be Quite Taxing

Yesterday I received an email from Commission Junction with a very topical subject!


As you may already know, there are proposed California bills that could require the collection of sales tax for online purchases similar to bills proposed in other states and that could resemble the law that recently passed in New York State. At this time, a hearing date for AB 178 has been set for April 13, 2009. As with all laws, if passed, these laws may or may not apply to you and your business.

Commission Junction is headquartered in California and impacted by the current California budget crisis. Nevertheless, we are opposed to the recently proposed legislation and are working with a lobbyist and other groups in hopes that we can influence the rejection of the bills' passage. Rest assured, we recognize that our industry and many of our clients may be impacted by these bills.

The application of the bills is dependent on particular business and factual circumstances, and Commission Junction is not in a position to provide legal and tax advice regarding the bills. However, we encourage you to perform the appropriate due diligence as it relates to your business. You may be contacted by advertisers in the Commission Junction network as they perform their due diligence.

Additionally, following are two sources of information on the proposed California bills that you may find helpful:

http://democrats.assembly.ca.gov/members/a14/News_Room/Press/20090202AD14PR01.aspx

http://www.leginfo.ca.gov/bilinfo.html

If you feel that you need more counsel on the bills, we recommend you seek independent tax and legal advice.

Sincerely,
Commission Junction

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