Federal Internet Sales Tax Legislation Gets Its Day In Committee
Federal Legislation with State Impact: Today, August 1, 2012, the U.S. Senate Committee on Commerce, Science and Transportation held a hearing to discuss The Marketplace Fairness Act, S. 1832. This proposal was the third bill introduced by the 112th Congress that would seek to grant States the authority to require out-of-state (“remote”) retailers to collect sales […]
Federal Internet Sales Tax Legislation; An Explanation for the Small-Medium e-Commerce Business
Internet Tax Bills and E-Commerce Tax Myths: Explained in Plain English by Sylvia F. Dion, CPAon SalesTaxSupport.com Internet sales tax on e-Commerce transactions? It’s an issue that many e-Commerce businesses haven’t had to worry about – at least not in states where they lacked a substantial physical presence. But things could be changing! If you’re a frequent […]
The Biggest State Tax Story of 2011: Internet Sales Taxes
It’s the end of 2011 and like many of you I’m reflecting on this past year – on how life has changed, how the kids have grown, and what the coming year has in store. But as a state tax consultant, I’m also reflecting on some incredible 2011 state tax developments. In February of 2011, I […]
Congress Introduces a Hybrid Solution: The Marketplace Fairness Act
Earlier this month, we saw the introduction of yet another federal on-line sales tax bill. That’s right, on November 9th, S. 1832, “The Marketplace Fairness Act” was introduced in the Senate by Mike Enzi (R-Wy), Lamar Alexander (R-TN), Dick Durbin (D-IL) and seven other bi-partisan Senators. By the way, that’s the same Dick Durbin that introduced the Senate […]
The Marketplace Equity Act – Congress Introduces a Second Remote Seller Collection Bill
Just when we it seemed like the Main Street Fairness legislation introduced this past summer was dying a slow death, a second federal remote seller bill was introduced. That’s right, on October 12, 2011, H.R. 3179, entitled the “Marketplace Equity Act of 2011”, was introduced by U.S. Representative Jackie Speier, a California Democrat, and Steve Womack, an […]