Senate Passes Online Sales Tax Law
May 7, 2013,
WASHINGTON-The U.S. Senate has passed the Marketplace Fairness Act of 2013, the bill that would enable states to compel online and catalog retailers to collect sales tax on their transactions.
The bill now goes to the U.S. House of Representatives for a vote. The Senate passed the bill by 69 to 27.
Stephen Sadove, chairman and CEO of Saks and chairman of the NRF board of directors, added, "Retailers compete for customers on many different levels, distribution channels and fronts, including service and selection, but they cannot compete on sales tax. Congress needs to address this sales tax disparity and allow retailers to compete freely and fairly."