Internet Tax Freedom Act About To Expire

The Internet Tax Nondiscrimination Act, which as previously titled (the Internet Tax Freedom Act) originally became law in 1999, and has twice been extended, is set to expire on November 1 of this year.  The act prohibits taxes on Internet access and multiple or discriminatory taxes on Internet commerce.  Congress is considering a number of alternatives, from extending the act for another fixed period, to making it permanent, but it does not appear that Congress will act before the deadline (although they could act later and make whatever law passes effective as of November 1).  We will keep you updated on developments.
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Corporate Finance Law Blog - September 28, 2007 9:25 AM
The United States Senate Committee on Commerce, Science & Transportation was unable to act on legislation (S. 1453, the IFTA Extension Act) that would have extended the life of the Internet Tax Nondiscrimination Act at yesterday's Committee markup ...
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