‘Internet Sales Tax: Will It Level The Playing Field… Or Destroy It? [Poll]’ – ‘ReadWrite’

The latest post on ‘ReadWrite’ is titled “Internet Sales Tax: Will It Level The Playing Field… Or Destroy It? [Poll]”.

Nick Statt says, “A bill that would allow states to collect sales tax from Internet companies like Amazon and eBay passed the Senate on Monday by a wide margin of 69-27, in a largely bipartisan push to help level the playing field for brick and mortar stores vis-a-vis their online competitors.

The Marketplace Fairness Act, sponsored by Democratic Senator Richard Durbin of Illinois and Republican Senator Mike Enzi of Wyoming, would, for the first time, force Internet retailers to collect state and local sales tax. (Many states already force some retailers to collect sales taxes, though their rules don’t apply equally to all online merchants.) It would also create a streamlined way for those companies to collect sales tax across 9,600 state and local jurisdictions”.

Internet Sales Tax: Will It Level The Playing Field… Or Destroy It? [Poll]

ReadWrite