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Internet Sales Tax Passes Senate

Late Monday evening, the Senate passed an Internet Sales Tax bill that empowers (or forces) states to collect sales tax for purchase made online for state and local governments. The measure received a 69 yes to 27 no votes in the Senate, and will move on to the House of Representatives next.

This bill is called the Marketplace Fairness Act, and allows U.S. states to force ecommerce sites with more than $1 million in annual out-of-state sales to collect sales tax from customers and sends them back to state and local governments for where the goods are shipped to.

Read more about this bill and what it means for small Ecommerce businesses at the Lucrazon blog.

Alex Pitt
Founder & CEO

Alex Pitt © 2022 Powered By Lucrazon.