Articles
Fair Is Fair: The Marketplace Equity and Fairness Facts, and the $23 Billion Issues
Published in Shopping Center Legal Update
Summer 2012
It is estimated that, in 2012 alone, states will lose as much as $23 billion in uncollected sales tax revenue because electronic retailers are not collecting and remitting sales taxes This article discusses the past, present and future of the use tax, and how the Marketplace Fairness and Marketplace Equity Acts might help not only states facing budget shortfalls, but also retailers