Congress Update - Looking for Answers on Internet Sales Tax
Small businesses that sell all over the country are worried about how they would comply with the more than 9,600 state and local tax jurisdictions. This could be a major burdon on a small online retailer. Discussions include considering basing the tax on where the seller is located versus where the buyer is located, allowing for consistent understanding of the taxes owed no matter where the buyer is located. This is just one of many ideas that Chairman of the House Judiciary Committee, Bob Goodlatte (R-VA-6th), is considering as they "start winnowing down the proposals" to find an alternative that is suitable to both web-based and brick and mortar retailers.