internet taxes

California Takes Step Toward Taxing Online Purchases

California Takes Step Toward Taxing Online Purchases

With hopes of collecting possibly $1 billion a year in sales taxes, the California State Assembly approved a bill that would require buyers to pay taxes on Amazon and other online purchases. [More]

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The Senate has approved an extension of the ban on state Internet access taxes for 7 more years. This follows a similar vote in the House a couple of weeks ago. The two chambers now have to work out any conflicts and send the bill to Bush, who has indicated he will approve it. [Reuters]