Catalogers’ Legal Challenges ’07 (and Beyond)

Auditors have attacked these multicorporation structures, arguing the commonly owned companies are so financially and operationally integrated that the nexus created by the retail stores should apply to the direct marketing entity as well.

Finally, keep an eye on Congress. There’s proposed legislation that would require most direct marketers to collect state taxes.
Escheat (Abandoned Property)
The word “escheat” may sound like a new brand of perfume, but it’s actually a long since established legal doctrine entitling states to take over property that has been abandoned by its owner. All states have laws requiring holders of unclaimed property to report and pay over money that has remained unclaimed for a specific number of years (usually three to five years, depending on the state and the type of property).