Friday, November 2, 2007

President Bush Extends Internet Tax Moratorium

October 31 - President George W. Bush has signed an extension of the Internet Tax moratorium that protects consumers from state and local taxes levied on internet access until November 1, 2014. Without this action, the previous moratorium would have expired November 1, 2007.

Missouri tax officials claim they are "grandfathered" in and may continue to collect tax on internet access because they collect them today and have collected such taxes prior to October of 1998. However, most (if not all) telecommunications companies are not now charging, nor have they charged, state or local sales taxes on fees charged to customers for internet access. Photo credit: allen.senate.gov

Click here for the entire article from Deloitte.

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