TITLE

Tax Addicts

AUTHOR(S)
Forbes, Steve
PUB. DATE
December 2007
SOURCE
Forbes Asia;12/10/2007, Vol. 3 Issue 21, p16
SOURCE TYPE
Periodical
DOC. TYPE
Editorial
ABSTRACT
The author condemns states and local governments in the U.S. for still conjuring up ways to lay levies on Web-generated activities despite the Congress' extension of the moratorium on taxing the Internet which lasts for another seven years. He cites New York State as an example. He notes that in December 2007, the state government was all set to impose sales taxes on items bought online, most specifically on Amazon.com. He asserts that it would have meant an extra charge of 8.375%.
ACCESSION #
28459423

 

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