Auctionbytes-NewsFlash, Number 213 - December 02, 2001 - ISSN 1539-5065
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President Extends Moratorium on Internet Taxes
By Ina Steiner
AuctionBytes.com
Reading AuctionBytes: President Extends Moratorium on Internet Taxes
President Bush signed into law H.R. 1552 last Wednesday, extending the moratorium on Internet sales tax. Online spending is estimated to account for over 15 percent of total holiday purchases this year. The President's statement read in part, "This law will be a big help to those Americans who shop from home because they are unable to travel to stores and malls." http://www.whitehouse.gov/news/releases/2001/11/20011129.html
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