The U.S. Senate on Monday voted 69-27 to pass the Marketplace Fairness Act, a measure that gives states the tools necessary to collect sales taxes from online retailers that do business in their states but don’t have a physical presence there. The bill, lauded in some quarters and decried in others, is now heading to the House of Representatives, specifically the House Judiciary Committee. While the measure had enough momentum to push it across the finish line in the Senate, its fate in the House is not clear.
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US Senate Gives States an Internet Tax Collector
Posted by: Erika Morphy May 7, 2013 12:00 PMThe U.S. Senate on Monday voted 69-27 to pass the Marketplace Fairness Act, a measure that gives states the tools necessary to collect sales taxes from online retailers that do business in their states but don’t have a physical presence there. The bill, lauded in some quarters and decried in others, is now heading to the House of Representatives, specifically the House Judiciary Committee. While the measure had enough momentum to push it across the finish line in the Senate, its fate in the House is not clear.