Abstract
As electronic commerce grows, states continue to lose tax revenue from vendors who fail to collect taxes on goods sold over the Internet. The problem has become so severe that 44 states and the District of Columbia are working on legislation, known as the Streamlined Sales and Use Tax Agreement, to simplify collection of taxes from Internet vendors. The Agreement simplifies rates and requires businesses to collect taxes when selling goods in remote locations. Businesses need to pay particular attention to this new Agreement for two reasons. First, it is likely to become law in nearly every state, and second, it requires businesses to pay back taxes on goods sold over the Internet if they fail to meet the requirements of its amnesty provision.
First Page
7
Recommended Citation
Anthony D. Milewski Jr.,
Streamlined Sales and Use Tax Agreement: Is Your Business Ready for Compliance?,
2 Shidler J. L. Com. & Tech.
7
(2005).
Available at:
https://digitalcommons.law.uw.edu/wjlta/vol2/iss2/3