11-03-2005, 10:45 AM
Quote: It may be too late to reap buckets of tax revenue from this year`s holiday shopping season, but the long battle to launch a multi-state program of collecting sales tax on all Internet sales is finally coming to fruition this month. At least 18 states have agreed to begin participating under terms of the Streamlined Sales and Use Tax Agreement, or SST, a plan drawn up with features like free tax -collection software and back-tax amnesty intended to win broad participation from merchants.
n the planning stages for years, the simplified sales tax plan finally kicked off Oct. 1 as a voluntary program for merchants, though state tax officials as well as large multi-channel retailers who already collect sales tax on Internet and catalog transactions are hoping the built-in incentives will lead to broad participation and, eventually, a mandatory national program as early as next year.
Tough issues
Some tough issues remain with significant implications for the competition between small and large retailers, for catalogers, and even for e-commerce pioneer Dell Inc...
full article: http://www.internetretailer.com/article.asp?id=16562
related topics: http://community.tuliptools.com/index.ph...618.0.html
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