1 post in this topic

On Tuesday the House passed a permanent extension of the Internet Tax Freedom Act, which prevents new taxes on email and Internet access services. Under current law, the moratorium expires Nov. 1, exposing Internet users to the same kind of connection fees that often show up on telephone bills.

"This legislation prevents a surprise tax hike on Americans' critical services this fall," said Rep. Bob Goodlatte, R-Va., chairman of the House Judiciary Committee. "It also maintains unfettered access to one of the most unique gateways to knowledge and engine of self-improvement in all of human history."

The legislation also eliminates an exception allowing seven states, including Texas and Ohio, to collect taxes on Internet access. The grandfather clause in the temporary extensions to the ban applied to states that had taxes in place before Congress passed the first tax moratorium in 1998.

However, the bill does not address Internet sales taxes, a separate issue that Congress has debated for several years. The House has failed so far to act on a bill, passed by the Senate in May 2013, that would allow states to collect sales tax on products sold over the Internet.


Read More: http://thehill.com/policy/finance/212385-senators-renew-internet-sales-tax-push


Share this post

Link to post
Share on other sites

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now
Sign in to follow this  
Followers 0

  • Recently Browsing   0 members

    No registered users viewing this page.