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Friday, 06/07/2013 2:33:57 PM

Friday, June 07, 2013 2:33:57 PM

Post# of 5354
Senate Passes Internet Sales Tax Bill that Will Require State Sales Tax on All Online Purchases


On May 6, 2013 the Senate passed the Marketplace Fairness Act of 2013 (a.k.a, the "Internet Sales Tax Bill") by 69-27. Passage in the Senate was considered a major hurdle for taxing Internet sales. The bill, if passed in the House and signed by the President, would enable states to collect from certain online sellers sales and use tax on sales made to customers in the state. The bill proposes a complete change from the current law, which provides that a state may not compel a seller to collect the state's tax unless the seller has a physical presence within that state.


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