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Author Question: What is the purpose of the Streamlined Sales Tax Project? What will be an ideal ... (Read 5 times)

Tazate

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on: Aug 3, 2018
What is the purpose of the Streamlined Sales Tax Project?
 
  What will be an ideal response?

Question 2

What is the scope of the Internet Tax Freedom Act (ITFA)?
 
  What will be an ideal response?


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dyrone

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Reply #1 on: Aug 3, 2018
Answer to Question 1

The Streamlined Sales Tax Project is a multi-state initiative to make sales tax laws, rules, and systems more uniform across states and, thus, make it easier for vendors to collect states' sales taxes.

Answer to Question 2

The ITFA is a federal law that mainly prevents states from imposing a sales tax on Internet connection fees. Despite its name, ITFA does not prevent state and local governments from imposing sales tax collection requirements on companies selling over the Internet.


Tazate

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Reply 2 on: Aug 3, 2018
Thanks for the timely response, appreciate it

tranoy

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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