For Subscribers

No Escape?

Even the Internet may not be able to avoid taxes.

By Amanda C. Kooser • Apr 1, 2003

Opinions expressed by Entrepreneur contributors are their own.

That dark cloud on the horizon is the controversial specter oftaxation on the Internet, and it's gaining strength. Stategovernments feel they are losing a rightful revenue stream. Localbrick-and-mortar businesses feel the tax-free Internet representsunfair competition. Internet sellers believe dealing with a myriadof tax laws in states where they don't have a physical presencewould be confusing and cost-prohibitive. They all have legitimateconcerns.

The current congressional moratorium on Internet taxes is set toexpire in November 2003. Meanwhile, the states have been talkingamongst themselves. Last year, 32 states approved modellegislation, dubbed the Streamlined Sales Tax System, that wouldtake giant steps toward cleaning up the tangle of state and localtax laws. Some large online retailers have already altered theirsales tax collecting systems to come into line with this agreementthat also allows them to avoid owing back taxes.

Continue reading this article — and all of our other premium content with Entrepreneur+

For just $5, you can get unlimited access to all Entrepreneur’s premium content. You’ll find:

  • Digestible insight on how to be a better entrepreneur and leader
  • Lessons for starting and growing a business from our expert network of CEOs and founders
  • Meaningful content to help you make sharper decisions
  • Business and life hacks to help you stay ahead of the curve

Related Topics

Editor's Pick

Have More Responsibilities at Work, But No Pay Bump? Use This Script to Get the Raise You Deserve.
Black and Asian Founders Face Opposition at All Levels — Here's Why That Has to Change
Business News

Frontier Airlines Just Announced Its All-You-Can-Fly Summer Pass for $399. What's the Catch?

As travel begins to pick up, the airline hopes unlimited travel will jumpstart its business.

Thought Leaders

5 Small Daily Habits Self-Made Millionaires Use to Grow Their Wealth

We've all seen what self-made millionaires look like on TV, but it's a lot more subtle than that. Brian Tracy researched what small daily habits these successful entrepreneurs adopted on their journey from rags to riches.


Here's Why You Should Steal Someone Else's Leadership Style

To become the best leader you can be, you must start by being a version of the leaders you most admire.

Starting a Business

Free Event | February 9: Solopreneur Office Hours with Terry Rice

Running a one person business is challenging, but we're here to help you. Tune in as our expert, Terry Rice, answers your most pressing questions.

Business News

Mark Cuban's Grocery Store Hack Will Help You Score Cheaper Produce

The billionaire talked about his early days in Dallas when he was strapped for cash.