Senators Hoping to Add Net Sales Tax Measure to Small Business Bill

Submitted: July 10, 2012 - 9:01pm
Originally published: July 10, 2012
Last updated: July 10, 2012 - 9:13pm

Location:

US Capitol, East Capitol Street, NE and 1st Street, NE, DC, 20515, United States

The authors of Senate legislation that would allow states to require online retailers to collect sales taxes from out-of-state customers are hoping to attach their measure to a small business tax credit bill that the Senate is debating this week.

Sens. Mike Enzi (R-WY) Senate Majority Whip Dick Durbin (D-IL) and others filed a proposed amendment to the Small Business Jobs and Tax Relief Act that includes a modified version of their Marketplace Fairness Act. The Enzi-Durbin bill seeks to close a loophole stemming from a 1992 Supreme Court decision that essentially allows online retailers to avoid collecting sales taxes from customers who live in states where those businesses have no store or other facility.