Latest in Congress

Image credit:

US Senate passes internet sales tax bill, faces a stiff fight in House

Jon Fingas, @jonfingas
May 7, 2013
Share
Tweet
Share

Sponsored Links

The debate over taxing out-of-state online sales in the US has been raging for years, but there are signs that the often messy saga is finally winding to a close... well, maybe. The Senate just voted 69-27 in favor of the Marketplace Fairness Act, a bill that would make internet retailers collect out-of-state sales taxes that Americans are already obligated to pay, but rarely do under a current system that puts the onus on (frequently unaware) buyers. Don't be too hasty in cheering or jeering the apparent conclusion, however. The bill's next stop is the House of Representatives, and the reception may be decidedly colder this time around. The act could be submitted to the President this year if it does survive the gauntlet, although a six-month buffer would likely push any tax changes to 2014 if the bill is ever signed into law.

[Image credit: Scrumshus, Wikipedia]

All products recommended by Engadget are selected by our editorial team, independent of our parent company. Some of our stories include affiliate links. If you buy something through one of these links, we may earn an affiliate commission.
Comment
Comments
Share
Tweet
Share

Popular on Engadget

The Morning After: Amazon Echo (2020) review

The Morning After: Amazon Echo (2020) review

View
What we bought: Our favorite USB-C chargers

What we bought: Our favorite USB-C chargers

View
A massive spam attack is ruining public 'Among Us' games

A massive spam attack is ruining public 'Among Us' games

View
Custom PS5 covers are already a thing

Custom PS5 covers are already a thing

View
NASA works to secure the OSIRIS-REx asteroid sample

NASA works to secure the OSIRIS-REx asteroid sample

View

From around the web

Page 1Page 1ear iconeye iconFill 23text filevr