Overstock.com sues New York over Internet tax law

OverstockNew York lawNew York state taxesNew York consumersNew York

The online retailer said it named the New York State
Department of Taxation and Finance, tax commissioner Robert
Menga and Gov. David Paterson as defendants in the complaint
filed with the New York Supreme Court.

Overstock, which follows Amazon Inc in challenging
the law, said it is asking the court for an injunction and to
declare the law unconstitutional.

The company, which is based in Utah, said that on May 15 it
told more than 3,400 New York-based affiliate advertisers that
as of June 1 they could not provide advertising for
Overstock because of the new law, which comes into effect
at that time.

The law would require it to collect up to 8.75 percent
sales tax on all its sales to New York customers, it said.

(Reporting by Sinead Carew; editing by Carol Bishopric)

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