Posts Tagged ‘Rep. Lamar Smith’

California State Assembly Passes Online Sales Tax Bill

States, The Innovation Economy June 7th, 2011

WASHINGTON June 7, 2011- The California State Assembly passed a bill last week that would require online retailers such as Amazon to collect state sales taxes on all goods the site sells within the state.

The bill is similar to those that a number of other states and the U.S. Congress are currently debating.

House Subcommittee Examines Digital Goods Tax Bill

Congress, House of Representatives, The Innovation Economy May 24th, 2011

WASHINGTON, May 24, 2011 – The Subcommittee on Courts, Commercial and Administrative Law held a hearing Monday on a bill that would define limits on taxes for virtual goods and services on the Internet.

The proposed legislation, known as the “Digital Goods and Services Tax Fairness Act of 2011” aims to “promote neutrality, simplicity, and fairness in the taxation of digital goods and digital services.” The legislation would restrict taxing authority to the jurisdiction of the customer’s tax address.

Patent Reform Passes Senate; Bill Headed to House

Congress, House of Representatives, Intellectual Property, Patents, Senate March 8th, 2011

WASHINGTON, March 8, 2011 – The Senate passed a bill Tuesday evening that would significantly reform the U.S. patent system for the first time in nearly 60 years. The bill will now go to the House for consideration.

The Senate passed the America Invents Act – formerly the Patent Reform Act of 2011 – by an overwhelming majority of 95-5. Congress has failed to pass comprehensive patent reform in each of the last four Congresses.

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