The Jig Is Up for Internet e-tailers Selling in NYS

Now that it’s been signed into law by New York Governor David Paterson, the Internet Sales Tax Law is starting to get some retailers, and customers up in arms.

For years, retailers with “brick and mortar” stores in New York have charged sales tax on orders placed through their Web sites. Yet and other e-tailers with no physical stores have not charged the tax, much to the delight of Internet bargain hunters. However, the state estimates that the new rule will bring in $50 million in just 2008. The tax rule will go into effect at the beginning of June.

CBS News has the story; and here’s a New York State webpage which includes this Internet Sales Tax Provision .