| Md. studying tax revenue lost to Internet sales
Another state looking for more tax revenue |
bw100
msg:4328281 | 2:49 pm on Jun 20, 2011 (gmt 0) |
Maryland officials are working on a study to find out just how much tax revenue the state is losing to Internet sales and what could be done to recapture the money.
... and they have a responsibility to the states, I believe, that they do commerce in. Right now, they're avoiding it on a technicality, which is "we don't have a bricks and mortar company in Maryland."
[forbes.com ]
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It will be interesting to see how quickly the study is completed. The results of the study are predictable. So far, it doesn't seem like any state has been successful in increasing tax revenue by defining in-state affiliates as creating a nexus. Perhaps Maryland will cast a wider net.
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