Tuesday, May 7, 2013

Senate OKs online sales tax

Measure goes to House; would reduce gas tax hike in Md.

The Senate voted Monday to allow states to assess a sales tax on purchases from Amazon.com, eBay and other online retailers in a bipartisan measure that would also reduce the increase planned for Maryland's gas tax.

The bill, which passed 69-27, would resolve a long-standing complaint of brick-and-mortar business owners, who say they struggle to compete with online companies that don't charge sales tax. The legislation requires Internet sellers to collect sales tax and send that money back to state treasuries.

Read more: http://www.baltimoresun.com/news/maryland/politics/bs-md-online-sales-tax-20130506,0,3663225.story#ixzz2SdUAm0jW

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