Published by Thompson Bukher - December 30, 2010 - Firm News

The New York Post business section ran a holiday season article, “Tax holiday ends: Online sales revenue could save Albany” (Dec 11, 2010), discussing the latest developments on New York’s notorious “Amazon Tax”:

With the state facing a nearly $1 billion state budget hole, imposing taxes on online sales has emerged as one of the least painful — and potentially most lucrative — options to plug that gaping gap.

Attorney Tim Bukher, who specializes in e-commerce at the law firm of Handal & Morofsky in New York, sees another dark side: Internet taxes hurting business in New York.

“The road to hell is paved with good intentions,” Bukher said. “We have this tax that’s supposed to bring in revenue. What that does is this — big online companies cut out their New York distributors.”

Read the full article here.
Tim Bukher leads the firm’s Intellectual Property and Internet & Data Practice Groups.

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