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Thursday, March 13, 2014

Online State Sales Tax Solution Remains Elusive After Congress Declares ‘Fundamental Defects’ In Senate Bill

After years of attempts to craft a federal law that would affirm states’ rights to tax online purchases, the issue may still be far from being resolved. The House Judiciary Committee has put the brakes on the Marketplace Fairness Act passed by the Senate in May.

On Wednesday, prospects for federal action to resolve the long-standing issue of whether states should be able to collect sales tax on Internet purchases faded after members of Congress said more debate was needed before legislation could move forward, Reuters reports.

The Marketplace Fairness Act would have granted each state the ability to decide whether online businesses need to collect the tax.

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4 comments:

Anonymous said...

Thank goodness for their ineptness!

We would be saddled with more taxes to pay (yes we already owe them - they just haven't figured out how to determine and collect use taxes yet) and more requirements for businesses to collect.

Try doing with less like the rest of us!

ginn said...

I call this a start. Now, let's begin taking away some.

Anonymous said...

Maryland is ahead of the curve on this one. According to the Md Sales & Use tax law, anyone who brings in or receives ANYTHING from out of state is required to file a declaration & pay the tax directly to the state treasury. How many "good" citizens do this??

Anonymous said...

6:23 - I consider myself a "good" citizen practicing civil disobedience.

I also consider myself a "smart" citizen by cutting my unnecessary expenses wherever I can. Not only are the taxes higher here in MD - most times the original cost is higher too so I end up saving more by purchasing on the way through other states.