Internet Shopping May See End of Tax-Free Era, US Senate Moves To Tax Online Shoppers Fox News Latino
go to original April 23, 2013

Possible Online Sales Tax Proposed (KDRV12)

WASHINGTON –  As early as this week, the Senate could pass a bill that would make it legal for states to require online retailers to collect taxes for purchases made over the Internet.

Tax-free shopping on the Internet could be in serious jeopardy.

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.

With the new bill, sales taxes would be sent to the states where a shopper lives.

The Senate voted 74 to 20 Monday to take up the bill. If that level of support continues, the Senate could pass the bill as early as this week.

Supporters say the bill is about fairness for businesses and lost revenue for states. Opponents say it would impose complicated regulations on retailers and doesn't have enough protections for small businesses. Businesses with less than $1 million a year in online sales would be exempt.

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