Tuesday, April 30, 2013

TAXES - Federal Law Allowing States to Collect Sales Tax?

IMHO, even though I do much online shopping, it about time this got done.

NOTE:  In California Amazon has already agreed to collect state sales tax since they are opening a distribution center in California.

"Congress Seeks to Eliminate Perk of Online Shopping by Requiring Sales Tax" PBS Newshour 4/29/2013

Excerpt

GWEN IFILL (Newshour):  Since the earliest days of the Web, buying goods online has often come with one often-not-quite-legal perk, no sales tax.  But that may be about to change.

The Senate has cleared the way for a new law that would allow states to collect taxes on transactions conducted across state lines.  The bill exempts businesses earning less than a million dollars a year.  As it stands now, states can only collect taxes from businesses that have a physical presence in their state.

We look at what's at stake in Congress and the debate surrounding the change with Brian Bieron, senior director of global public policy for eBay, which has actively opposed the legislation, and Rachelle Bernstein, a vice president at the National Retail Federation, which supports the bill.

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