Wow, what a busy end of January! And unfortunately adding the adjective “good” before “busy” isn’t going to be appropriate this time. New Mexico on the 21st, Virginia and Colorado on the 22nd, and today it’s the state of Mississippi — which is facing a $850 million budget deficit this year — that has turned its eyes in the direction of an affiliate tax introduction in the state.
And here’s more bad news:
The biggest difference between the proposed Mississippi legislation and the proposed legislation in other states is that there is no threshold in Mississippi. If you use Mississippians to generate sales you would have a nexus. The impact of this would be huge. It would also set a precedent for legislation in other states. [more here]
Mississippi Senate Bill 2927 has been referred to the Finance Committee, and it ratified, it will become a law as early as July 2010.
Mississippi affiliate marketers, contact your legislators [look yours up here] to express your concern.