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.

B8QO1pCCAAEkH8z

Swipe File: Ivar,Timewalker And Doctor Who

The Euro Fantaskids Four That Never Was

FaustChas

A Man Of Many Souls – Recapping Constantine 1.10: ‘Quid Pro Quo’

DescenderCoverFinalLowRes-01-5984c (1)

The ‘Sheer Freedom’ Of Descender – A Q&A With Jeff Lemire And Dustin Nguyen

JusticeInc05-Cov-A-Ross

Free On Bleeding Cool – Justice, Inc #5 by Uslan And Timpano

2789583-9234302014-lady_ (1)

New Borderlands: The Pre-Sequel DLC Will Take You Into Claptrap’s Head

PlanetSide2_3

PlanetSide 2 Claims To have Broken The Record For Biggest FPS Multiplayer Game

impaler_epilogue_cov

Free On Bleeding Cool – Impaler Epilogue By Harms And Pun

Watch Footage From This Cancelled Justice League Brawler

TZSS01CovAVilanova

Mark Rahner Talks Career 2.0 And The New Twilight Zone: Shadow And Substance