Many e-commerce businesses haven't had to worry about collecting sales tax in states where they lack a physical presence. But things could rapidly change if one of the proposals under consideration by the U.S. Congress is enacted. These proposals, the Main Street Fairness Act, the Marketplace Equity Act and the Marketplace Fairness Act, would require online retailers to collect sales taxes in many states. Proponents, including the States, who argue that more than $20 billion in sales taxes go uncollected by out-of-state online merchants every year, and local retailers, who see people come into their stores to check out a product but end up buying it online, "tax-free", instead, are becoming more vocal and are pushing for one of these proposals to pass this year!
On September 27th, Internet Tax blogger, Sylvia Dion presented a Webinar for Retail Online Integration, a monthly industry publication geared towards online retailers, marketers, brand merchants and catalogers, on the pending Internet Sales Tax legislation. The Webinar, "How to Navigate the Online Sales Tax Legislation Waters", attended by over 200 online retailers, included an overview of State Amazon Laws and a "plain English" explanation of the three Federal Internet Sales Tax Proposals and how they will impact online retailers.
A PDF of the presentation slides to this Webinar is now available for download by clicking on the orange link below:
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