Facebook Twitter Email
FRIDAY, AUGUST 3, 2001

A House Judiciary subcommittee on Thursday voted to extend a current ban on Internet taxes by five years.

Citing loss of revenue, various states want to be able to tax Internet businesses. But they can't force collection of taxes unless the company has a physical presence in the state.

It is up to consumers, then, to pay the appropriate state tax.

The existing three-year moratorium on Internet taxes ends in October. The bill approved yesterday would extend the period until the end of 2006.

Get the Story:
House subcommittee approves five-year extension on ban on Internet taxes (AP 8/2)