Supporters of a national Internet sales tax proposal are negotiating with Amazon.com in a bid to win an endorsement from the largest online retailer for legislation introduced today in Congress.
The legislation would put the federal government's stamp of approval on a state-led effort to require online retailers to apply sales taxes to nearly all of their transactions. In return, states would simplify their complex tax laws to make collecting taxes easier for Internet businesses.
Backers of the legislation say the plan would ensure that online sellers are required to collect the same taxes as their bricks-and-mortar competitors and would provide much-needed cash for financially ailing states. Amazon's support would be the most substantial yet from the online community.
...more...
http://www.washingtonpost.com/wp-dyn/articles/A63763-2003Sep25.html
Printer-friendly format
Email this thread to a friend
Bookmark this thread
(1000+ posts)
Send PM |
Profile |
Ignore