ADVISORY/Experts Available To Discuss Online Tax Legislation.Business Editors ADVISORY... --(BUSINESS WIRE) TOPIC: Congress is once again reviewing legislation calling for Internet businesses to collect sales tax sales tax, levy on the sale of goods or services, generally calculated as a percentage of the selling price, and sometimes called a purchase tax. It is usually collected in the form of an extra charge by the retailer, who remits the tax to the government. for all online purchases, according to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. an article by The Chicago Tribune Chicago Tribune Daily newspaper published in Chicago. The Tribune is one of the leading U.S. newspapers and long has been the dominant voice of the Midwest. Founded in 1847, it was bought in 1855 by six partners, including Joseph Medill (1823–99), who made the paper . In 1992, the Supreme Court stated catalog companies did not have to collect local sales tax because the process was too complicated. Some Internet retailers say this is still the case as different regions have varying tax rates and rules on taxable goods. However, the legislation has gained support from states with small budgets as well as brick-and-mortar retailers who claim online retailers have an advantage because their customers do not pay sales tax on purchases. EXPERTS: ExpertSource can offer several highly qualified experts to comment on this story: John Lee, marketing director of Hostway Corp., can address issues relating to relating to relate prep → concernant relating to relate prep → bezüglich +gen, mit Bezug auf +acc managed Internet services, email (including "spam"), ecommerce (including taxation of online transactions), Web-site traffic boosting strategies, Web-design, small business use of the Internet, and other Internet-related trends and topics. 312-238-0129 lee@hostway.com Professor Richard England, of the Center for Business and Economic Research, Whittemore School of Business and Economics, University of New Hampshire New Hampshire, one of the New England states of the NE United States. It is bordered by Massachusetts (S), Vermont, with the Connecticut R. forming the boundary (W), the Canadian province of Quebec (NW), and Maine and a short strip of the Atlantic Ocean (E). , is an expert regarding state and local taxation, business taxation and economic development. 603-862-3335 Professor Charles Swenson, of the University of Southern California The U.S. News & World Report ranked USC 27th among all universities in the United States in its 2008 ranking of "America's Best Colleges", also designating it as one of the "most selective universities" for admitting 8,634 of the almost 34,000 who applied for freshman admission , School of Accounting, has a substantial background, both academic and practice, in the details of tax planning Tax planning Devising strategies throughout the year in order to minimize tax liability, for example, by choosing a tax filing status that is most beneficial to the taxpayer. (especially state and local tax planning). He has expertise analyzing economic impacts of taxes. 213-740-4854 ExpertSource cannot guarantee the immediate availability of these experts or their familiarity with this specific issue. ExpertSource provides academic and industry experts to the media at no charge. Journalists are encouraged to submit queries to ExpertSource when seeking experts on specific subjects. An online registration form is available at http://www.businesswire.com/. |
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