Bill Jeopardizes Tax-Free Web Shopping

States could force Internet retailers to collect sales taxes under a bill that overwhelmingly passed a test vote in the Senate Monday. 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. The bill would allow states to require online retailers to collect state and local sales taxes for...Full Story
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