House Subcommittee Examines Digital Goods Tax Bill
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. Keep Reading