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February 17, 2013

Amazon & Ebay Bring Taxes to the Internet

Robert Wood, Forbes


AP Photo

Are you paying your state sales tax when you buy online? If not, you soon will be. 45 states and the District of Columbia have a sales tax. The Amazon model of no sales tax online is fast disappearing. After a hiatus in federal legislation and three competing federal bills to regulate state sale taxes, there’s a renewed push to get federal legislation passed. The revitalized Marketplace Fairness Act has bipartisan support in DC and strong support by retailers.

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TAGGED: eBay, Amazon, taxes

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