Taxation Of The Internet
The Internet or the Global Electronic Infrastructure has now been around for about a decade already and it has already changed how we live our lives. Over the next decade, we will find that almost every aspect of our lives including education, health care, work and even leisure activities will be affected. We have already seen this occurring with the increasing use of cell phones, pagers, GPS systems, PDA's, and many more gadgets that we use in our everyday lives. The Internet is a vast collection of information that consists of millions of web pages, news articles, audio and video clips, etc. There are several uses of how one can use the Internet for example students who have access to a library all the way across the globe or students who take their classes at a university on the other side of the country, doctors who are able to help other doctors and their patients and even a new way for consumers to purchase goods. Over the past few years, the Internet has developed into something that none of us could have ever imagined, a place where goods and ideas can be exchanged with the slightest of ease. It has opened up a new door into commerce and online shopping. Many companies are now opening up their doors exclusively onto the Internet. Companies such as Amazon.com and Pets.com, as well as many others are all internet-based. Under the Supreme Court's Quill decision, remote sellers, such as an Internet retailers, are not required to collect local sales tax for the sales made in the state where the seller does not have a physical location. This absence of a physical location for online retailers gives an unfair advantage over the traditional local shops. In 1998, congress passed legislation called ...