The Marketplace Fairness Act is legislation that has been introduced that would grant state and local governments the authority to enforce existing sales tax laws by requiring online and catalog retailers to collect sales tax at the time of transaction. Currently passed by the Senate and pending action in the House, this bill could have wide reaching implications for every on line retailer and brick and mortar merchant. Materialogic eStore shopping carts are capable of calculating sales tax down to any jurisdictional level, thus providing immediate compliance with this proposed legislation. Small businesses should take heed of what transpires in the upcoming House debates.
Small Business Trends – On-line
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