The House has approved by voice vote legislation permanently banning states from taxing Internet access or imposing multiple or discriminatory taxes on e-commerce.
H.R. 3086, the Permanent Internet Tax Freedom Act, makes permanent earlier legislation banning Internet access taxes, the Internet Tax Freedom Act, which was first enacted in 1998 and extended three times with enormous bipartisan support. In the history of the bill’s extensions, only five “no” votes were ever cast in the House and Senate. The most recent extension of ITFA expires on Nov. 1, 2014. By striking the 2014 expiration date, PITFA makes the ban on Internet access taxes permanent instead of requiring reauthorization every few years.
Register or login for access to this item and much more
All Accounting Today content is archived after seven days.
Community members receive:
- All recent and archived articles
- Conference offers and updates
- A full menu of enewsletter options
- Web seminars, white papers, ebooks
Already have an account? Log In
Don't have an account? Register for Free Unlimited Access