1. Colorado's 'Amazon tax' upheld by federal appeals court

    Colorado's 'Amazon tax' upheld by federal appeals court

    A U.S. federal appeals court has reversed a lower court's ruling and ruled in favor of the state of Colorado and its implementation of a controversial "Amazon tax."

    The "Amazon tax" requires online retailers to keep track of how much sales tax should be paid by Colorado residents for their purchases of more than $500; a move that was opposed by the Direct Marketing Association (DMA), which insisted that online companies without a physical presence in the state, such as Amazon.com, shouldn't be required…

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