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Online Sales Tax: Senate Nears Vote On Bipartisan Bill

Associations Now

Amazon''s Change of Heart The online retailer Amazon famously built its business model on the back of the loophole that the Marketplace Fairness Act is trying to close, but the company is actually supporting the bill, going so far as to thank senators for proposing it. Why the change? The committee is led by Sen.

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Associations Back Senate Bill to Replace Fannie, Freddie

Associations Now

Several finance industry groups, including the Mortgage Bankers Association and the American Bankers Association, favor the proposal. There is much work yet to be done, but this bill is a strong foundation on which to begin the process.”. The Housing Finance Reform and Taxpayer Protection Act —introduced on June 25 by Sens.

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Fate of Tax Extenders Still Uncertain

Associations Now

The likelihood of passage for comprehensive tax reform has long been unclear, but uncertainty seems to now also surround the process for approval of tax extenders. If Ryan takes the gavel, it is uncertain how much his view of tax reform may align with Camp’s proposal. The legislation did not include any offsets to fund the extenders.

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