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Latest Blog Entry: Implications Of Passing A Senate Bill Enacting An Online Sales Tax

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The Senate Bill Enacting An Online Sales Tax

Congress is currently moving forward with a Senate bill that could place sales taxes on buyers who place orders for items housed out of state. This proposed law applies to e-commerce sites, and the main goal of this online sales tax is to generate revenue for cash-strapped state governments in jurisdictions where online retailers are headquartered. The bill has its opponents among online retail giants such as eBay, and it also has supporters among the President and a number of state government officials.

Only online retailers that gross more than $1 … Read more at 2011 Tax.

The post Implications Of Passing A Senate Bill Enacting An Online Sales Tax appeared first on 2011 Tax to 2013 Tax.

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