What is the Nexus Tax?
If you haven’t heard of this Nexus Tax, in short, the new tax bill will allow your state to tax earnings from internet affiliate sales. This is causing outrage because it is causing affiliate networks to terminate affiliate contracts for all affiliate marketers that are living within that state. This means that all internet affiliate earnings can possibly disappear if these affiliate networks move out of the state.
Which States Have Been Affected
- New York
- North Carolina
- Rhode Island