This is the case with big retailers' support for misguided internet sales tax laws.
Under current law, states cannot require companies without a physical presence inside their borders to collect their sales tax.
Some in Congress responded to this pressure by introducing the so-called Remote Transactions Parity Act, or RTPA. This legislation would overturn decades of precedent keeping states' powers to tax and regulate businesses within their own borders, allowing states to tax businesses that lie outside their physical borders.
Granting itself the power to tax businesses outside its borders.
This is a real and growing issue outside of sales tax as well; for example, California has passed legislation.
Large retailers, including big-box stores like Target and web retailers like Amazon, already have a physical presence nationwide, meaning they already have to collect tax under current law, and armies of accountants and lawyers at their disposal to minimize impact on their bottom lines.
Forcing them to comply with all 12,000 taxing jurisdictions across the country, and exposing them to audits in all 45 states with a statewide sales tax, could prove an insurmountable burden for some.
https://spectator.org/__trashed/
Under current law, states cannot require companies without a physical presence inside their borders to collect their sales tax.
Some in Congress responded to this pressure by introducing the so-called Remote Transactions Parity Act, or RTPA. This legislation would overturn decades of precedent keeping states' powers to tax and regulate businesses within their own borders, allowing states to tax businesses that lie outside their physical borders.
Granting itself the power to tax businesses outside its borders.
This is a real and growing issue outside of sales tax as well; for example, California has passed legislation.
Large retailers, including big-box stores like Target and web retailers like Amazon, already have a physical presence nationwide, meaning they already have to collect tax under current law, and armies of accountants and lawyers at their disposal to minimize impact on their bottom lines.
Forcing them to comply with all 12,000 taxing jurisdictions across the country, and exposing them to audits in all 45 states with a statewide sales tax, could prove an insurmountable burden for some.
https://spectator.org/__trashed/
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