Illinois today passed a bill requiring all Internet retailers with sales over $10,000 to start collecting a 6.25% tax from Illinois residents who make a purchase on the Internet. A move the would essentially eliminate the Amazon Associates plan and many others and reduce commissions rates for all Illinois residents . All purchases made by Illinois residents would be assessed a 6.5% tax that the sellers would be required to collect. Your websites and your domains are included. Here is the letter I received this evening from Amazon.
LAST QUESTION: I have dual citizenship. So, I might become an Amazon affiliate program using my parents address and my bank information from South America. This way, I can run the business from Chicago, and amazon mail the check to my parent's country. I hope this is legal in the eyes of IRS. I want to play by the rules, but it is too much headache opening an LLC in another state. Just my 2 cents.
Sorry for the silly questions. I am 100% IM newbie.
Thanks in advance