Yesterday, a group of bipartisan Senators introduced the Marketplace Fairness Act of 2015 (MFA) in the U.S. Senate. The bill is modeled after the legislation, also entitled the Marketplace Fairness Act, that failed to pass in the 113th Congress. The current iteration of the bill would require small business owners to collect sales tax based on 9,600 different jurisdictions across the country. It would also open businesses to audits from every state, regardless of where they are physically located.
The legislation was sponsored by Senators Dick Durbin, D-Ill., Mike Enzi, R-Wyo., Lamar Alexander, R-Tenn., and Heidi Heitkamp, D-N.D. They were also joined by several co-sponsors: Senators Roy Blunt, R-Mo., Jack Reed, D-R.I., Bob Corker R-Tenn., Sheldon Whitehouse, D-R.I., and Angus King, Jr., I-Maine.
Find more information on eBay Inc.’s position on the Internet sales tax issue.