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IPFS News Link • TAXES: Internet

Congress Backs Borderless Internet Sales Tax (And So Does Amazon)

• Wired.com
 

In a non-binding resolution passed last week, 75 senators from both sides of the aisle agreed that states should be able to force any internet retailer who makes more than $1 million in sales annually to collect sales taxes for them, regardless of whether the retailer physically does business in the state.

The amendment to a budget bill merely takes the temperature of the Senate on the issue of a so-called internet sales tax. Another vote would still have to happen to send the idea on its way to becoming actual law. But any tax sponsored by a Wyoming Republican, in this case Mike Enzi, that Al Franken also supports seems destined for safe passage through the Senate.

“Today’s vote proves that an overwhelming majority of Senators support this bipartisan legislation to level the playing field for brick-and-mortar retailers,” said Illinois Democrat Dick Durbin, another big backer.


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