House Releases Seven Basic Principles on Internet Sales Tax

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DALLAS, Sept. 20, 2013 /PRNewswire/ -- On September 19, 2013, the House Judiciary Committee released Seven Basic Principles on Remote Sales Tax. The purpose behind these principles is to guide discussion on the Marketplace Fairness Act and to encourage creative problem solving. Input received directly from taxpayers, industry and trade groups, and state and local government representatives played a key role in development of the seven principles, which are set out below:

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Since its passage by the Senate and subsequent move to the House in May, the Marketplace Fairness Act has gained little if any traction. These principles may be just what "the doctor ordered" to shake things up a bit and spur debate. The full press release can be found on the House Judiciary Committee website.

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