The Goodlatte version is a simple, fair alternative to the more complicated plans to tax internet sales. Goodlatte’s is the only one that would not severely damage the Internet industry
(PRWEB) July 08, 2015
The United Network Equipment Dealer Association (UNEDA) Board unanimously voted to support the principles and proposal of the Marketplace Fairness Act as presented by Representative Bob Goodlatte of Virginia. Rep. Goodlatte, Chairman of the House Judiciary Committee, proposed a system whereby taxes would be collected based on the source of the sale rather than calculating the tax at the destination. Rep. Goodlatte's proposal would avoid the risk of multiple sales tax audit and a confusing system of tax calculation that has over 9000 tax jurisdictions.
Rep. Goodlatte’s bill, using what’s known as origin sourcing, is an attempt to narrow the number of tax rates and audits any seller would face by limiting the states retailers interact with. Under the draft bill, a multi-state commission would handle distribution of taxes among the states based on the location of purchasers.
Mike Syiek, President of UNEDA declares that "The Goodlatte version is a simple, fair alternative to the more complicated plans to tax internet sales. Goodlatte’s is the only one that would not severely damage the Internet industry."
UNEDA has over 250 member companies and represents over $2B in revenue. We believe that the proposal by the House Judiciary Committee is the most fair and equitable proposal for addressing the sales tax issue and does not bear the economic risks of the current MFA or that proposed by other groups.