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Senate bill jeopardizes tax-free online shopping

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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