Five Ways a Proposed Online Sales Tax Legislation Can Affect You
By Matthew Brennan, special to Overdrive
Businesses currently are not required to remit an Internet sales tax back to the states if they don’t have a physical presence within that state.
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That could change if a group of Republican lawmakers have their way. There’s a push on Capitol Hill to create a sales tax for online businesses, with a piece of legislation called the Marketplace Fairness Act. This legislation could have a drastic impact on the way that business is done in the United States. Pending legislation could make things more complicated for businesses.