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February 19th, 2010, 07:10 PM #1Overstock: If Bill Passes "Could Terminate CA Affiliates With No Further Notice"
email just received form Overstock:
Overstock.com values your advertising efforts, and hopes to be in a position to continue our business connection for years to come. However, we are writing to inform you the California Senate has just voted on a bill that contains a provision similar to that attempted last year which may affect the business we do.
Similar to last year?s measure, which was vetoed by the Governor, this year?s bill is modeled on a bill first passed in New York. The legislation attempts to establish responsibility for collection of sales tax for out-of-state retailers if those out-of-state retailers use California-based affiliate advertisers.
While we hope it does not become law, since the California bill may be moving quickly, we may not have much advance notice before the law is implemented, and therefore this letter is notice that if the law passes, termination of services could occur without further notice to you. We will, however, try to provide advance notice if circumstances allow.
Again, Overstock.com values your advertising efforts and is hopeful that, like other states recently examining and rejecting this legislation, California will again see that this bill is bad for business and bad for California.
Jonathan E. Johnson III
February 19th, 2010, 09:08 PM #2
I'm including a copy of the letter in all my emails to the legislators. Hopefully they'll realize that just because the bill says it will generate $100 million, that won't materialize when retailers bail.Your Ad Here.
June 29th, 2011, 09:27 PM #3
Its Already Done...Overstock Sent Out Termination Notices Already
- Join Date
- January 11th, 2011
Had a termination notice in my email from Overstock and Fabric.com . I'm sure others will follow shortly....
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