9
May
Online shopping

Sales Tax on Internet Purchases

(CNN) — Internet shoppers could be one step closer to having to pay sales taxes on online purchases.

In a vote on Monday, the U.S. Senate passed the Marketplace Fairness Act, which will require all online retailers to collect sales taxes for the states where they ship goods.

The legislation still needs to pass the Republican-controlled House before it can become a law. White House spokesman Jay Carney has said that President Obama supports the bill.”

Read more, hereā€¦.

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