We appreciate the calls and comments our office has received with concern for Rep. Rigell’s support of the Marketplace Fairness Act. Though it’s been inferred, this bill does not create a new tax on hardworking Americans; it simply enforces the existing sales tax laws. Currently, states are not allowed to collect online sales tax from retailers at the point of sale. Instead, some states – like Virginia - require residents to file Form CU-7 along with their income taxes so that the state can collect sales tax on internet or catalog purchases. The Marketplace Fairness Act removes this unnecessary tax provision and levels the playing field for small businesses by ensuring that their online competitors are facing the same tax requirements as they do. Rep. Rigell supports the basic principles established by the House Judiciary Committee that stress tax relief, simplicity, states’ rights and privacy rights. You can find more information here: judiciary.house.gov/index.cfm/basic-principles-of-on-internet-sales-tax You can also see Rep. Rigell discussing the Marketplace Fairness Act by clicking the link below. (Staff)
Posted on: Mon, 14 Apr 2014 17:52:19 +0000
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