What Will The Marketplace Fairness Act Mean For Comics?

ebayAs the US Senate passes a symbolic bill amendment ahead of the planned Marketplace Fairness Act, we may see a number of changes to the way the comic industry operates.

Pushed for by bricks’n’mortar retailers, it aims to create a level playing field for online and physical retailers when it comes to sales tax.

Already online retailers are obliged to collect sales tax for customers who live in the state that they operate from, but the new act will oblige them to do the same in all states, depending on the state’s tax levels, or if they charge tax at all.

This will also apply to the likes of eBay and Amazon Marketplace. There will however be an exemption for those turning over less that a million dollars a years.

There is considerable argument that online businesses larger than that will have to  suddenly calculate, collect and distribute differing sales taxes to authorities around the country, each with their own differing rules and legislation. This is likely to affect the likes of ComiXology, Mile High, mycomicshop and more. Already, if you buy a comic directly from the ComiXology website you don’t pay sales tax, but you do if you go through the ComiXology App on the iPad. This could level that.

While this is not a issue in the UK, print comics are not taxed but digital comics are. Leading to all manner of other issues.

2016-07-24 16.40.28

182 Final Shots Of San Diego Comic-Con Cosplay – Almost One Thousand In Total

rocketeer

The Rocketeer To Finally Take Flight Again

image

Marvel True Believer Panel at San Diego Comic-Con: When I Applauded For Steve Rogers Being In Hydra or How A Bleeding Cool Writer Yelled From The Audience Without Being Called A Name

greatwall

Matt Damon Fights Along The Great Wall In New Trailer

Luc Besson, Arthur And The Minimoys, And The Court Case Worth Millions

defenders

Netflix Tells Us When We’ll See Iron Fist, The Defenders And More

Half A Million Comics Sold In One Groupon Sale…

hacksawridge

Andrew Garfield Goes To War Without A Gun In Hacksaw Ridge Trailer

150721-news-supernatural-hp-lg

“What Brings Me Back Is The Reality Of It” The Supernatural Round-Table At SDCC

Mickey Mouse Is A Great Uncle, In New French Indie Disney Comics From Fred Tebo And Régis Loisel