B2B Articles - Nov 10, 2011 11:09:07 PM
Four US senators have submitted legislation called the Marketplace Fairness Actthat would enable states to collect taxes on eCommerce sales even for buyers that are out-of-state. This legislation would undo a practice of not taxing Internet sellers that has been around since the dawn of eCommerce on the web.
The justification for this new legislation is based on estimates of close to US$4 billion in eCommerce sales taxes go uncollected every year. Also, the Senators feel that the current system is unfair to small, bricks-and-mortar businesses and shops.
States would only be able for collecting sales tax on Internet sales if they sign-on to a Streamlined Sales ( simplifed sales tax collection)--Tax Agreement (SSUTA), a 12-year-old effort.
NetChoice and a number of other major Internet trade advocates oppose the legislation saying that it will seriously hurt small business and hurt consumers.
Tel 212-993-7809
Ironpaper ®
10 East 33rd Street
6th Floor
New York, NY 10016
Map
First-party data marketing
SEO for B2B
Customer journey strategy
ABM Agency
Marketing for IoT Companies
HubSpot Implementation
B2B Product Marketing
Measurable Marketing
IoT go-to-market strategy
IT Marketing
HubSpot for ABM
Go to market strategy
Technology Marketing
Marketing for IT Companies
ABM Campaigns
B2B lead generation
B2B Marketing and Growth Agency.
Grow your B2B business boldly. Ironpaper is a B2B marketing agency. We build growth engines for marketing and sales success. We power demand generation campaigns, ABM programs, create B2B content, strengthen sales enablement, generate qualified leads, and improve B2B marketing efforts.