GOP House to Move Internet Sales Tax Forward
Paul Lawrance
Activist Post
House Judiciary Chairman Bob Goodlatte (R-Va) is expected to reveal a set of principles for Internet sales tax legislation sometime within in the next two weeks, sources who are closely watching the legislation told The Hill.
When faced with the opportunity to kill or move forward with the “Marketplace Fairness Act” that the Senate passed in a 69-27 vote in May, Goodlatte chose the latter.
Under Current law, states can only collect sales taxes from retailers that have a physical presence in their state. The legislation being moved forward in the House would allow out-of-state retailers making over $1 million in annual out-of-state sales to be taxed.,,