Internet Commerce and State Sales and Use Taxes
Description:
In theory, state sales and use taxes are based on the destination principle, which prescribes that taxes should be paid where the consumption takes place. States are concerned because they anticipate gradually losing more tax revenue as the growth of Internet commerce allows more residents to buy products from vendors located out-of-state and evade use taxes. The size of the revenue loss from Internet commerce and subsequent tax evasion is uncertain. Congress is involved in this issue because c…
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Date:
January 18, 2002
Creator:
Maguire, Steven
Partner:
UNT Libraries Government Documents Department