Daily News Archive
Brought to you by Home Furnishings Business
Senate OKs Online Sales Tax
By Aggregated Content in Furniture Retailing on May 6, 2013
The Senate voted Monday to allow states to assess a sales tax on purchases from Amazon.com, eBay and other online retailers in a bipartisan measure.
The bill, which passed 69-27, would resolve a long-standing complaint of brick-and-mortar business owners, who say they struggle to compete with online companies that don't charge sales tax. The legislation requires Internet sellers to collect sales tax and send that money back to state treasuries.
Read Full Article...