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Thread: Illinois Governor Decides to Sign Bill

 
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  #26  
Old March 11th, 2011, 10:35 PM
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Join Date: March 11th, 2011
Posts: 9
Quote:
Originally Posted by AffiliateHound View Post
There is a two-word term for what you describe: Tax Fraud.
So if I change my mailing address or get an LLC in another state I will be committing tax fraud, even though I would be paying more income tax over the additional income?!

I would gladly pay more taxes. This is so frustrating.
  #27  
Old March 11th, 2011, 10:51 PM
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Join Date: January 22nd, 2007
Location: West Covina, CA
Posts: 5,080
You can't reside in one state, working in that state, and avoid the effects of the affiliate tax law of that state, by creating an out-of-state "location". If you do so, when you are found out, I guarantee all of the major affiliate networks will terminate you as well, as your actions would cause merchants who have no other in state affiliates to then be subject to the state's affiliate tax law. As they had no reason otherwise to collect the tax, they would be on the hook to pay the state a fortune in uncollected taxes, penalties and interest, and who do you think they will sue to get that back?
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  #28  
Old March 19th, 2011, 09:36 PM
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Join Date: March 19th, 2011
Posts: 18
Thank you for sharing your article Delsol. I finally understand what is going on.

Ally


Quote:
Originally Posted by delsol View Post
The incompetence of our politicians is revolting.

They are playing on peoples ignorance. I wrote a summary of this issue:
Affiliate Tax Bills Explained

Florida was my exit strategy.

All my compassion and best wishes of strength to the Illinois affiliates.
  #29  
Old March 20th, 2011, 02:33 AM
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Join Date: March 29th, 2007
Location: Franco-Americano
Posts: 858
Quote:
Originally Posted by Mayobear View Post
Thank you for sharing your article Delsol. I finally understand what is going on.

Ally
Glad my article helped.

Welcome to ABW Mayobear!
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