Isaacson and Schaefer Author Cover Story For State Tax Notes On State Efforts To Expand Online Sales Tax

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Isaacson and Schaefer Author Cover Story For State Tax Notes On State Efforts To Expand Online Sales Tax


In their cover article in the February 27 issue of State Tax Notes (“Retail Giants vs. Small Business: The Real Remote Sales Tax Fight”), Senior Partner George Isaacson and Partner Matthew Schaefer explain how the battle over state efforts to impose sales tax collection obligations on Internet retailers and other remote sellers has evolved into a conflict between the interests of major retailers that dominate the online marketplace—and collect sales tax—and the small and medium-sized businesses who would be crippled by a U.S. sales tax system of excessive complexity.  Isaacson and Schaefer demonstrate that state claims of “lost” sales tax revenue are overblown and self-correcting, as tax-collecting retail giants, including Amazon.com, seize an ever-increasing share of the online marketplace.  In this environment, expanding state and local taxing jurisdiction over Internet sales will only block entry and growth by smaller retailers seeking to take advantage of the online marketplace, dealing a body blow to America’s small businesses and insulating large, multi-channel online retailers from competition.

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