OKLA. GOES AMAZON-LITE;
STATES’ FISCAL CRUNCH WILL LAST UNTIL 2012
Following the lead taken by Colorado, Oklahoma enacted an “Amazon-Lite” law which, instead of seeking to extend sales tax collection obligations to out-of-state retailers, it required such retailers to provide notice on its website and sales confirmation that Oklahoma purchasers still have to pay sales taxes on out-of-state purchases. The Sooner state, however, avoided many of the burdensome provisions of the Colorado law (e.g., it applies only to businesses with in-state sales in excess of $100,000) that triggered mass-termination of Colorado affiliates by Amazon and a DMA lawsuit. Read More.