Did you know that the highest skyscraper in the world is in Dubaï? That the richest man on earth is Mexican? That the biggest plane is manufactured in Russia? That Macao is now the #1 gaming place before Las Vegas? That the average age in Canada is 40, when it is 26 in India? That in 2020, 61% of the world's wealth will come from emerging markets? 

This week, a coalition of taxpayer advocacy groups sent a letter to all 535 Members of Congress asking them to oppose the latest Internet sales tax proposals.  In their letter the groups argue that the bill could cause serious damage to electronic and Interstate commerce by: 1) allowing some state tax enforcement agents to impose their tax laws on businesses located in other states; 2) disadvantage online retail by creating more onerous sales tax standards than brick and mortar retail; and 3) burden small business retailers that use the Internet to compete against big retailers.

On Monday, March 11^th, PayPal General Counsel and Vice President, John Muller, testified as an expert witness before the California Assembly Banking & Finance Committee during an informational hearing entitled “Emerging Technology and The Money Transmission Act”.  The hearing was called by Chairman Dickinson to explore ideas for reforming the body of law that authorizes the regulation of money transmitter.  While, most people think of companies like Western Union or MoneyGram when they think of money transmitters, PayPal is also regulated as a money transmitter in t

Last week, eBay sellers from across the United States represented the eBay Inc. community on Capitol Hill during the 8^th annual U.S. of eBay Seller Fly-In event in Washington D.C.  During their time in our nation’s capital, the eBay sellers had the opportunity to meet with their elected representatives in both the U.S. Senate and the U.S. House of Representatives to discuss public policy issues that could impact their business, like Internet sales taxes.