Browsing: marketplace fairness act

mazon.com Inc. has petitioned the U.S. Supreme Court to overturn a demand that it collect sales tax on its goods sold in New York State. The online retailer is asking the court to consider the constitutionality of states collecting taxes from companies that do not have such physical operations as warehouses in those states.

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The Marketplace Fairness Act (MFA), as drafted, provides a small business sales tax exemption that will protect small business owners that collect under $1 million in…

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