Internet Tax Freedom Act


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Internet Tax Freedom Act

Legislation in the United States, originally passed in 1998 and renewed several times since, that prohibits state and local governments from taxing the use of the Internet. For example, states and municipalities may not tax e-mails or bandwidth use. The Act was intended to increase Internet use in the United States.
References in periodicals archive ?
a cosponsor of the Internet Tax Freedom Act, and Gov.
CFOs were asked, "Do you think the three-year moratorium resulting from the 1998 Internet Tax Freedom Act should be extended?
Cox said the Internet Tax Freedom Act included specific language designed to preserve state and local authority to gain revenue from the growth of the Internet economy through the "application of normal business taxes to the Internet in order to ensure that the bill would not affect current revenue streams.
As some see it, the goal of the Internet Tax Freedom Act is to maintain the Internet as a "tax-free" zone to help foster the growth of e-commerce.
The Internet Tax Freedom Act says any solution to the e-commerce taxation problem must meet the following five goals:
The Internet Tax Freedom Act bars state and local governments from imposing taxes in Internet access.
CCH said it has found that "an alarming number of cyberspace entrepreneurs believe that the Internet Tax Freedom Act makes all e-commerce transactions tax-free.
The commission was created as an advisory body to Congress under the 1998 Internet Tax Freedom Act.
In its March report to the governor, the commission recommended devising the Colorado Internet Tax Freedom Act, which would prohibit, with some exceptions, taxing Internet access, online computer services or their use; bit or bandwidth tax, "or any discriminatory tax on online computer services or Internet access;" as well as taxing goods and services sold over the Internet.
It is obvious from the article that Krugman never read the Internet Tax Freedom Act of 1998, or even a summary of it.
The Arkansas Sales Tax Advisory Committee has recommended monitoring Internet transactions so that when the time comes to lift, or let elapse, the 1998 Internet Tax Freedom Act.
On the US legislative front, the Internet Tax Freedom Act was signed in October 1998.
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