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Senate bill jeopardizes tax-free online shopping
April 23, 2013 /
The Senate is taking up a bill that would allow states to collect sales taxes for online purchases.
Under current law, states can only require stores to collect sales taxes if the store has a physical presence in the state. As a result, many online sales are essentially tax-free, giving Internet retailers a big advantage over brick-and-mortar stores.
The Senate has scheduled a procedural vote Monday on the bill. If the vote is successful, the Senate could pass the bill as early as this week.
By Stephen Ohlemacher
Full Story: http://www.deseretnews.com/article/765627683/Senate-bill-jeopardizes-tax-free-online-shopping.html
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Posted in: Regional Business News
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