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Some States Push To Collect Sales Tax From Internet Stores

Tags » ECommerce Payments

Robert Guy Matthews reports for the Wall St. Journal on efforts by 18 states to begin collecting sales taxes on online purchases.

The issue is increasingly important to cash-hungry states as online sales skyrocket. A recent study by William Fox, an economist at the University of Tennessee, estimates that states and local governments will lose $18 billion in online sales tax in 2005. To ensure that they get their share, 18 states have banded together to simplify their myriad tax rules, regulations and quirks.


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