Ten senators Tuesday filed an amendment to the Small Business Tax...
Ten senators Tuesday filed an amendment to the Small Business Tax Cut Act, which passed the House in April, that includes language from the Marketplace Tax Fairness Act. The amendment would authorize states to require all remote sellers to collect…
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and remit sales taxes from online consumers in compliance with the Streamlined Sales and Use Tax Agreement. The amendment was proposed by Sens. Dick Durbin, D-Ill., Lamar Alexander, R-Tenn., Tim Johnson, D-S.D., John Boozman, R-Ark., Jack Reed, D-R.I., Sheldon Whitehouse, D-R.I., Jeff Bingaman, D-N.M., Mike Enzi, R-Wyo., Ben Cardin, D-Md., and Jay Rockefeller, D-W.Va. The underlying bill has the support of the White House and passed a Senate procedural vote Tuesday afternoon, 80-14.