Taxes

In yet another recent example of Apple's increasing role in Washington politics, CEO Tim Cook reportedly plans to propose a "dramatic simplification" of corporate tax laws before Congress next week -- and is taking to the D.C. press to argue his case.

At a hearing on May 21 before the Senate Permanent Subcommittee on Investigation, which CNET learned about last night, Cook says he will present proposals aimed at "encouraging companies to bring back foreign earnings to the United States and invest that money into creating jobs, as well as research and development," according … Read more

Update: The Senate late today passed the bill, sending it to the House.

The U.S. Senate is planning to vote Monday to levy new taxes on mobile app developers, cloud computing services, music and movie downloads, and even people selling collections of WordPress themes.

Senators who are backing the legislation known as S.743 describe it as a way to force out-of-state retailers to collect taxes on physical shipments. Sen. Mike Enzi, R-Wyo., claims his bill will "put local and Main Street retailers on a level playing field with their out-of-state and online counterparts."

What Enzi and … Read more

Consumers unhappy about the prospect of paying more to shop online aren't alone.

Online retailers are objecting to a proposed federal law to levy sales taxes on Internet shoppers, saying it's unreasonable to expect small businesses to comply with the detailed -- and sometimes conflicting -- regulations of nearly 10,000 government tax collectors.

The U.S. Senate began debate on the tax measure, S.743, Monday afternoon, capping years of lobbying by the National Retail Federation and the Retail Industry Leaders Association, which represent big box stores including including Walmart, Target, AutoZone, Best Buy, Home Depot, OfficeMax, … Read more

The U.S. Senate voted overwhelmingly today to endorse levying Internet sales taxes on American shoppers, despite warnings from a handful of senators that the proposal is antibusiness, harmful to taxpayers, and will be a "bureaucratic nightmare."

By a vote of 75 to 24, senators adopted an amendment to a Democratic budget resolution that, by allowing states to "collect taxes on remote sales," is intended to eventually usher in the first national Internet sales tax.

The vote follows a week of fierce lobbying from the National Retail Federation and the Retail Industry Leaders Association, which represent … Read more

Internet tax supporters are hoping that a vote in the U.S. Senate as early as today will finally give them enough political leverage to require Americans to pay sales taxes when shopping online.

Sens. Mike Enzi (R-Wy.) and Dick Durbin (D-Ill.) are expected to offer an amendment to a Democratic budget resolution this week that, by allowing states to "collect taxes on remote sales," is intended to usher in the first national Internet sales tax.

"We're working overtime in pushing this, talking to our members, activating our grassroots," says Stephen Schatz, a spokesman for … Read more

A group of Republicans and Democrats yesterday reintroduced a federal bill that could cost online retailers and customers more money.

The Marketplace Fairness Act would allow states to require online vendors to collect sales and use tax on certain out-of-state purchases. Only businesses with less than $1 million dollars in annual U.S. sales would be exempt.

The bill was debated by the Senate last year but went nowhere. Now a group of 35 House members and 18 senators are trying again. And they're optimistic the bill will pass this time, according to The Hill.

The bill's top … Read more

Amazon and Overstock are duking it out with New York state in a court battle over the issue of collecting sales tax.

In a case being heard by the State of New York Court of Appeals, attorneys for both retailers claimed yesterday that a 2008 New York law requiring them to collect sales tax on online purchases is unconstitutional, as reported by Reuters.

A 1992 Supreme Court decision found that retailers can't be forced to collect sales tax on out-of-state purchases unless they have a physical presence in those states. But the New York law skirted that decision. The … Read more

A couple of senators in Washington want to make sure people in the U.S. never have to pay taxes for Internet access.

Passed in 1998, the Internet Tax Freedom Act prevents federal, state, and local governments from collecting sales taxes on the use of e-mail and other types of Internet access. The bill is due to expire November of next year.

New legislation introduced yesterday by Republican Sens. Kelly Ayotte (N.H.) and Dean Heller (Nev.) is designed to extend the ban indefinitely. The Permanent Internet Tax Freedom Act would stop governments from imposing new taxes on Internet access.… Read more

The inner workings of United Nations telecommunications agencies aren't usually headline news. But then again, most U.N. confabs don't grapple with topics as slippery as Internet censorship, taxation, and privacy.

A U.N. agency called the International Telecommunication Union has kicked off what has become a highly controversial summit this week in Dubai, capping over a year of closed-door negotiations over an international communications treaty that could have a direct impact on the Internet. The summit continues through the end of next week.

It's true, of course, that U.N. meetings often yield more rhetoric than … Read more