Federal Internet Sales Tax and a New Webpage on Marketplace Fairness Act Blog Articles and More
I’ve been following and reporting on Federal “Internet Sales Tax” developments for quite some time now – actually, almost three years! The first post I wrote on Federal Internet Sales Tax developments was back in July of 2010, shortly after a federal proposal was introduced by the 111th Congress. (That was two Congresses ago, folks!) […]
State Mandatory Combined Reporting: Complex Formula or ‘Loophole’ Closer?
State Mandatory Combined Reporting! You’re probably wondering what this obscure state tax concept means and whether it impacts your company’s state corporate taxes. Before jumping into today’s discussion, here are a few questions to consider. Is your company a subsidiary or affiliate within a “controlled group” of corporations? Do any of the “controlled group” corporations do business in multiple […]
A Tale of Two “Main Street Fairness” Blog Posts
Congress has once again introduced federal legislation, which if passed, could require out-of-state retailers to charge and collect sales tax on sales to customers in certain states . That right, on July 29, 2011, Congressional Democrats in both the U.S. Senate and House of Representatives introduced “internet sales tax” legislation. In the Senate, S. 1452 was introduced by […]