NetChoice, an e-commerce trade group, called the bill "a massive new tax regime on all forms of e-commerce." The legislation will expose Internet sellers to tax audits from 45 states, the group said.
"The Senate's new Internet tax may be cause for celebration in the boardrooms of the big box stores that supported it, but everyone else is in for a rude awakening when hundreds of state auditors are turned loose on thousands of small and mid-sized employers nationwide," NetChoice Executive Director Steve DelBianco said in an email. "We now look to the House of Representatives to fix the catastrophic flaws in this bill, and to protect the Internet economy as it continues to drive our fragile economic recovery."
Among the groups supporting the Marketplace Fairness Act are the American Conservative Union, Consumer Electronics Association, the National Retail Federation, the Retail Industry Leaders Association, Amazon.com, Best Buy, the American Booksellers Association and the Alliance for Main Street Fairness.Opposing the bill are several trade groups and Internet companies, including TechAmerica, the Financial Services Roundtable, the Competitive Enterprise Institute, eBay, Etsy, the Information Technology Industry Council, the National Taxpayers Union and TechNet.
Sign up for CIO Asia eNewsletters.