Tax-free Internet shopping jeopardized by bill
BY: Associated Press WASHINGTON — Tax-free shopping on the Internet could be in jeopardy under a bill making its way through the Senate. The bill would empower states to require online retailers to collect state and local sales taxes for purchases made over the Internet. The sales taxes would be sent to the states where a shopper lives. [...] |
Amazon to buy Diapers.com owner Quidsi for $500M
BY: Associated Press NEW YORK — Expanding its online retail empire, Amazon.com Inc. said Monday it is buying Quidsi, the owner of Diapers.com and Soap.com, for $500 million in cash. Amazon said Quidsi will continue to operate independently after the acquisition, which is expected to close in December. Amazon plans assume about $45 million in debt and other [...] |





