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Showing posts with label internet sales tax. Show all posts
Showing posts with label internet sales tax. Show all posts

Thursday, July 24, 2014

Internet Sales Tax Quietly Moving Through Congress



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Eric Blair
Activist Post

Big retailers, including Amazon, have been lobbying long and hard for it, and now the Internet sales tax is back after being quietly reintroduced in the US Senate last week. 

The Marketplace and Internet Tax Fairness Act would force customers to pay sales taxes for online purchases from out-of-state online merchants, and it forces online retailers to collect and remit separately sales taxes to all US territories.

Washington Post says "Currently, officials can only levy sales taxes on retailers who have a physical presence, be it a store or warehouse, in their states." Because of that, big box stores complain that Internet retailers have an unfair advantage. Congruently, local officials seem to be salivating at the potential for more revenue.

Jasper Roberts Consulting - Widget