Marketplace Fairness Act

We are encouraging online retailers to get informed about the Marketplace Fairness Act and take action. The Marketplace Fairness Act authorizes states to require all sellers not qualifying for a small-seller exception (annual gross receipts not exceeding $1 million) to collect and remit sales and use taxes with respect to remote sales under provisions of the agreement. In other words, the Marketplace Fairness Act allows state governments to force internet retailers to collect sales taxes from their customers at the time of the transaction and remit the proceeds to the state and local governments.

There has been a huge response in opposition to this bill by internet retailers. Many are acting to oppose the Marketplace Fairness Act in its current form. They argue that the bill will result in small and mid-sized companies not being able to afford the cost of compliance and the barrage of audits from many states, and some will eventually be forced out of business. They also oppose the idea of paying taxes to states where they have no representation or voting rights.

To read about the Marketplace Fairness Act, see:

Marketplace Fairness Act

What is the Marketplace Fairness Act?

For more information about how you can get involved, go to:

Internet Retailer