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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?

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Fate of Tax Extenders Still Uncertain

Associations Now

Earlier this month the Senate Finance Committee easily passed a tax extenders package out of committee, and Senate Majority Leader Harry Reid (D-NV) has promised to bring the package to a vote when the Senate returns later this month. If Ryan takes the gavel, it is uncertain how much his view of tax reform may align with Camp’s proposal.

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Tax Reform Could Factor Into Budget Deal, GOP Leaders Say

Associations Now

House Ways and Means Committee Chairman Dave Camp (R-MI) told reporters last week that he still hopes to tie an overhaul of the tax code to whatever deal emerges to end the budget stalemate and raise the debt limit. Obviously I think there’s an opportunity in this for tax reform instructions to be put in somewhere,” Camp told Bloomberg BNA.

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