‘Internet Sales Tax Poised to Pass Senate’ – ‘Mashable’
The latest post on ‘Mashable’ is titled “Internet Sales Tax Poised to Pass Senate”.
Alex Fitzpatrick says, “A bill allowing states to collect sales tax from online retailers that lack a physical presence in their borders appears primed to pass the Senate this week. The Marketplace Fairness Act passed a procedural vote 74-20 Monday as the White House gave its explicit support for the bill, signaling smooth sailing ahead for a full vote expected sometime this week.
The Marketplace Fairness Act would require Internet retailers with more than $1 million in annual sales to collect sales tax and send it to customers’ states. States would have to establish procedures to collect those taxes”.
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