Demise of Online Advantage Seen Exaggerated With Congress: Taxes   Richard Rubin

The end of tax-free Internet shopping isn't here yet.

Retailers and state governments are on the verge of winning U.S. Senate passage of a bill today that would let states tax out-of-state retailers, providing up to $23 billion a year in new revenue. They may lose momentum in the Republican-controlled House, where the issue won't get a vote quickly.

Complete your profile to continue reading and get FREE access to Treasury & Risk, part of your ALM digital membership.

Your access to unlimited Treasury & Risk content isn’t changing.
Once you are an ALM digital member, you’ll receive:

  • Thought leadership on regulatory changes, economic trends, corporate success stories, and tactical solutions for treasurers, CFOs, risk managers, controllers, and other finance professionals
  • Informative weekly newsletter featuring news, analysis, real-world case studies, and other critical content
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical coverage of the employee benefits and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.