Overview
Stephen Kranz, reviewing congressional legislation to clarify sales taxes for online retailers, said he “could easily see this issue moving forward during 2014,” particularly because contradictory state court rulings on the issue put more pressure on Congress to provide consistency in online state sales tax policies. Mr. Kranz added that a House bill is likely to clarify how retailers will be compensated for the costs of collecting online sales tax and remitting it to states. Read the full article