Ars Technica reports that U.S. Senate passes Online Sales Tax bill, which is also backed by Internet retail giant Amazon.com.
Your tax-free days of online shopping are numbered. If S743, also known as the Marketplace Fairness Act, becomes law, the millions of Americans who have been able to avoid sales tax online will have to start paying it. Given the broad support shown by today’s US Senate vote, some version of it is likely to come to fruition.
It is yet to become a law.