InternetNews.com reports that while the US House of Representatives has passed a bill making the current moratorium on Internet sales taxes more permanent, the Senate hasn’t even scheduled a vote on the issue.
The current moratorium ends on November 1, 2003, and was established by the Internet Tax Freedom Act (ITFA) enacted for three years in 1998 and renewed by Congress for another two years in 2001.
A Senate committee passed a bill similar to the House version, but it has been put on hold by Senators concerned with further institutionalizing a tax ban that would, if lifted, raise state governments as much as $9 billion a year in revenue.
The current moratorium ends on November 1, 2003, and was established by the Internet Tax Freedom Act (ITFA) enacted for three years in 1998 and renewed by Congress for another two years in 2001.
A Senate committee passed a bill similar to the House version, but it has been put on hold by Senators concerned with further institutionalizing a tax ban that would, if lifted, raise state governments as much as $9 billion a year in revenue.
- KC's View:
