KingFish
20 Apr 2005, 1:18am
U.S. Sen. George Allen continued his assault on Internet taxes today, proposing legislation to permanently ban taxes on Internet connections.
Allen's proposal would keep in place the current grandfather clause but will strip away that exemption in 2007 and make the ban permanent, a move that is likely to force another Senate confrontation over the taxation of the Internet.
Earlier this month the Virginia Republican rolled out a bill to exempt the Internet from excise taxes.
Last year, Congress passed a new four-year ban on state and federal taxation of Internet connections, extending a moratorium that dates back to 1998.
After a bitter, two-year struggle over the measure, the measure passed only after states that were taxing Internet connections prior to 1998 were granted a grandfather exemption. Now Allen is targeting those grandfathered states.
Source: Internet News (http://www.internetnews.com/bus-news/article.php/3498991)
Allen's proposal would keep in place the current grandfather clause but will strip away that exemption in 2007 and make the ban permanent, a move that is likely to force another Senate confrontation over the taxation of the Internet.
Earlier this month the Virginia Republican rolled out a bill to exempt the Internet from excise taxes.
Last year, Congress passed a new four-year ban on state and federal taxation of Internet connections, extending a moratorium that dates back to 1998.
After a bitter, two-year struggle over the measure, the measure passed only after states that were taxing Internet connections prior to 1998 were granted a grandfather exemption. Now Allen is targeting those grandfathered states.
Source: Internet News (http://www.internetnews.com/bus-news/article.php/3498991)