Feeds

New York lawmakers approve 'Amazon Tax'

'A radical departure'

3 Big data security analytics techniques

The New York legislature has approved an ingenious new law that would force Amazon and other big-name online retailers to collect sales tax on all goods shipped to the Empire State.

Last week, the State Legislature approved a $122bn budget, and $50m of that would come from e-tailers who don't maintain New York warehouses or offices.

In accordance with a 1992 Supreme Court case involving an old-school mail order business, American e-tailers are required to collect sales tax only if they have a "physical presence" in the state where a customer resides. Otherwise, the onus is on the customer to declare the purchase on his next tax return - though few remember/choose to do so.

First proposed by former New York Governor Eliot Spitzer - who resigned last month after a federal wiretap caught him with a $1000-a-hour call girl - the new law argues that an e-tailer's physical presence includes "affiliate marketers."

Amazon - which has a rather large affiliate program - has argued that this law "would be a radical departure from anything currently being done in the U.S." And Amazon is right. Nonetheless, Spitzer's replacement, David Paterson, is expected to approve it.

Like Amazon, many customer advocate groups have badmouthed the plan. It would mean customers forking over more tax dollars. But as we've said before: A state has a right to its own taxes. ®

SANS - Survey on application security programs

Whitepapers

Securing web applications made simple and scalable
In this whitepaper learn how automated security testing can provide a simple and scalable way to protect your web applications.
Combat fraud and increase customer satisfaction
Based on their experience using HP ArcSight Enterprise Security Manager for IT security operations, Finansbank moved to HP ArcSight ESM for fraud management.
The benefits of software based PBX
Why you should break free from your proprietary PBX and how to leverage your existing server hardware.
SANS - Survey on application security programs
In this whitepaper learn about the state of application security programs and practices of 488 surveyed respondents, and discover how mature and effective these programs are.
3 Big data security analytics techniques
Applying these Big Data security analytics techniques can help you make your business safer by detecting attacks early, before significant damage is done.