If you’re one of the many Amazon customers whose state has yet to reach an agreement about the collection of online sales tax, this will probably be bad news. This afternoon, the Senate voted in favor of the Marketplace Fairness Act, which would give each state the authority to compel online businesses to collect applicable taxes. [More]
Senate Signs Off On Marketplace Fairness Act; Online Sales Tax Inches Closer To Reality
By May 6, 2013
taxy tax manWill they or won’t they? That’s the question now as legislators over yonder in Washington, D.C. are considering perhaps finally voting on whether or not to allow businesses to collect online sales tax. As it stands now, retailers can only impose the tax on a customer if they have a physical location in that state. Amazon is all for the bill, but eBay, not so much. The Senate could vote next week, so now it’s all about waiting and then, seeing. [via Reuters]
Retailers Love Latest Attempt At Online Sales Tax Law, eBay Not So Much
By February 14, 2013
As we mentioned yesterday, lawmakers in D.C. are going to take another stab at a federal law that would give states the ability to collect taxes from online retailers. Not surprisingly, the retail industry loves it, while eBay says it will only hurt small businesses. [More]
Lawmakers Set For Another Go At Federal Online Tax Law
By February 13, 2013
For several years, there has been a lot of talk — and a handful of legislative efforts — regarding a federal law that would give states the authority to compel online sellers to collect sales tax on purchases. None of these bills have passed, so it’s time to try again. [More]
Best Buy CEO: Feedback Is The Gift You Don't Always Care To Open
By January 11, 2012
This afternoon at the Consumer Electronics Show in Las Vegas, Best Buy CEO Brian Dunn got the chance to talk about the state of his company and the recent spate of reports declaring the beginning of the end for the nation’s largest chain of electronics stores. [More]
