In a recent letter to the editor of the Dallas Morning News, Dallas small business owner, Ann Wood, expressed her concern with the Senate passed Marketplace Fairness Act. In her letter, Wood explained that it is unfair to treat a small businesses like hers the same as a large retailer with presence all over the country. “In today’s marketplace, online sales allow businesses like mine to grow in their local markets while simultaneously competing with large retailers in other states,” said Wood. “Large retailers with a physical presence in most states should have to collect sales taxes in those states. But requiring me to adhere to a myriad of tax laws in places where I have no representation or recourse would greatly hamper my ability to grow.” Wood also expressed her disappointment with the current level of the “small seller exception” in the Senate passed bill. “The Small Business Administration defines small businesses as those with less than $30 million in annual sales. However, the current sales tax legislation is deeply flawed. It proposes an exemption only for very small businesses with less than $1 million in sales,” explained Wood. “The result would be that smaller businesses, with only a few employees, would have to manage the same sales tax compliance burdens as Amazon, with its army of accountants and attorneys.” eBay Inc. opposes the Senate passed Marketplace Fairness Act and believes that any Internet sales tax proposal should have robust small business protections. Learn more about eBay Inc.’s position on the Marketplace Fairness Act. To read Ann Wood’s letter to the editor, please visit the Dallas Morning News.
September 10, 2014