By Declan McCullagh CNET News
Obama sees money to be taxed in internet shopping
A bill expected to be introduced in the U.S. Congress as early as Monday would rewrite the ground rules for mail order and Internet sales by eliminating what its supporters view as a “loophole”that,in many cases,allows Americans to shop over the Internet without paying sales taxes.
Currently,Americans who shop over the Internet from out-of-state vendors aren’t always required to pay sales taxes at the time of purchase. Californians buying books from Amazon.com or cameras from Manhattan’s B&H Photo,for example,won’t pay sales taxes at checkout time that they would if shopping at a local mall.
“We will have the bill ready for introduction by next Monday,”said Neal Osten of the National Conference of State Legislatures. “We finalized the language and now we’re working out the remaining issues and adding some new provisions at the request of various stakeholders.”