Battle begins over online shopping sales tax

interns Contributor
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Amazon and Ebay, two of the biggest names in online retail, have staked out contrary positions in a debate over the taxation of U.S. Internet shopping, which enables many buyers to escape paying sales tax.

The two companies are divided in the face of a lobbying challenge from bricks-and-mortar rivals, including Walmart and Sears, which complain that a tax loophole gives their online rivals an unfair price advantage. The issue is being pushed up the political agenda by the weak public finances of many U.S. states that are struggling with budget deficits and eager to find new sources of tax revenue.

Full story: “Online sales tax battle looms in US”