States Would Gain Revenue from Remote Sales

POSTED | Posted: 2017-12-22 13:05:36 | Updated : 2017-12-22 13:05:36

In a recent report, the General Accounting Office studied "remote sales" -- typically, sales made by Internet retailers. Under current law, states cannot require all businesses to collect taxes on remote sales. Congress has been considering proposals to change this, which would mark a significant change to state revenues as well as compliance requirements for businesses. Read more here.

 

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