Momentum growing for sales taxes on online purchases
February 9, 2012
Attention, online shoppers. The days of tax-free online shopping may be coming to an end. More than a dozen states have enacted legislation or rules to force online retailers to collect sales taxes on purchases, according to tax publisher CCH. Similar legislation is pending in 10 states. Reasons for the spread of online sales tax laws: Budget shortfalls, Heavy lobbying from retailers, and Gridlock in Congress.
Momentum growing for sales taxes on online purchases