US internet sales tax bill passes Senate

TUESDAY, MAY 07, 2013

Washington - The US Senate on Monday approved a proposed sales tax law that pits large retailers such as Walmart against online marketers such as Ebay.

 

The bill, which passed 69-27 late Monday, would allow states to collect state sales taxes from online retailers located outside their borders. States currently only collect those taxes if the online marketers have a physical presence such as a store or warehouse in the state.//DPA