Last week the Senate voted 74 to 20 in favor of proceeding with its debate on the Marketplace Fairness Act and merchants are weighing in on how it would impact their business.
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The Senate has set up a final vote on the Marketplace Fairness Act.
Since the Marketplace Fairness Act was unveiled
Ecommerce giant Amazon.com has come out in support of the Marketplace Fairness Act, a federal bill introduced this morning by U.S. Senators Richard J. Durbin (D-IL), Lamar Alexander (R-TN) and Michael B. Enzi (R-WY), that would create a constitutional framework for collecting sales tax online.
For a case that is being upheld as a bringer of clarity, the Wayfair decision is certainly providing a good bit of uncertainty as well. States, ecommerce sellers, retailers and service providers are all sorting out the practical implications of the landmark Supreme Court ruling.
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The proposed Marketplace Fairness Act, which allows states to collect tax from out-of-state online sellers even if they don’t have a physical presence there, was recently reintroduced in the Senate. The effort is being lauded by the National Retail Federation, which represents many brick-and-mortar companies. See what the new measure calls for and how it would impact retailers.
Amazon will collect sales tax in all states with a sales tax and add current tax-free states Hawaii, Idaho, Maine and New Mexico, beginning April 1st. Here is what this could mean for Amazon.
The clash between retailers and states over cross-border taxation is coming to a head, with four federal proposals currently under consideration to provide a solution. Here is what you need to know now to help you prepare for these ecommerce tax regulations.
Attendees at NEMOA’s directxchange conference in Boston last week offered their reaction to the Marketplace Fairness Act, see what they had to say.