TBA Law Blog

Posted by: Stacey Shrader Joslin on Jul 25, 2012

More than 21 states have simplified how they collect taxes in hopes of recovering an estimated $20 billion in sales taxes that go uncollected by out-of-state online merchants every year. But the nation's governors say they still need help from Congress. Speaking on behalf of the National Governors Association, Tennessee Gov. Bill Haslam told the U.S. House Judiciary Committee on Tuesday that it is not fair to local businesses that online sellers are not always required to collect and distribute state sales taxes. Read more of his remarks in the Bristol Herald Courier