CONGRESSIONAL INTERNET CAUCUS TO HOLD HEARING TUESDAY ON INTERNET SALES TAX ISSUE
FOR IMMEDIATE RELEASE
Media Contact:
Louis Mastria
212.790.1529
Lmastria@the-dma.org
Natalie Greaves
212.790.1507
Ngreaves@the-dma.org
DMA Says Congress Must Simplify the More Than 7,600 Varying Sales Tax Codes
Before Placing Costly Collection Burdens On Remote Sellers
WASHINGTON – July 16, 2001 – The need to significantly simplify the nation`s
7,600 varying sales tax jurisdictions before remote sellers are required
to collect and remit sales tax will be highlighted at the Congressional
Internet Caucus meeting scheduled for Tuesday, July 17, the Direct Marketing
Association (DMA) said today.
A key panelist, Frank Julian, operating vice president and tax counsel
for Federated Department Stores and chairman of the DMA`s Use Tax Committee,
is to advise the caucus that if Congress is to grant the states broad tax
collection powers, it must first establish parameters for the drastic simplification
of the more than 7,600 taxing jurisdictions.
“Of the critical elements of simplification that must be enacted, three
that are the most important are the three the states seem to be resisting
the most,” Julian said. “There must be only one sales tax rate per state
for all commerce, bright line nexus standards for business activity taxes
and a reasonable collection allowance must be paid to all sellers.``
The DMA has stressed that Congress should not include any requirements
for remote sellers to collect sales tax until it can agree on a framework
for significant simplification of the nation`s disparate sales tax systems.
Who: Congressional Internet Caucus
What: Panel discussion on Internet sales tax legislation
When: Tuesday, July 17 noon-2 p.m.
Where: U.S. Capitol Room SC-5
-30-
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