Sunday, September 25, 2011
Governor Jerry Brown signs internet tax compromise
From San Mateo Daily Journal/Associated Press, 9/24/11. "Gov. Jerry Brown signed legislation Friday that postpones new sales taxes rules that would have affected online purchases in California, granting more time for traditional and online retailers to lobby Congress for a national standard on the high-stakes issue. The bill, crafted as a compromise among Amazon.com, traditional retailers and California lawmakers searching for ways to raise revenue, delays until at least September 2012 online tax rules that were implemented as part of this year’s state budget package." Full article.
Posted by Kathy Meeh
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