Tax free Internet sales could be coming to an end

A powerful alliance of politicians, including key U.S. senators and the National Governors Association, is arguing that out-of-state retailers must be required to charge sales taxes on purchases. At the moment, for instance, companies like Seattle-based Amazon.com are not required to collect sales taxes on shipments to millions of its customers in California…”Without any doubt, Congress will eventually approve legislation to give states that comply with the (agreement) mandatory collection authority for out-of-state transactions,” said Neal Osten, federal affairs counsel for the National Conference of State Legislatures. “We expect that the legislation will be introduced shortly in this Congress.”

Read this item from C|Net

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Filed under Business 2.0, The Politics of New Media

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