Friday, October 26, 2007

Senate Passes Seven-Year Internet Tax Moratorium

The U.S. Senate has passed legislation that would extend a moratorium on Internet access taxes for seven years, giving supporters hope that an extension will be signed into law before the current moratorium expires Nov. 1. The Senate late Thursday passed the seven-year extension on a voice vote. The moratorium would extend the ban on Internet-only taxes, such as access and "bit" taxes on information as it travels through a taxing jurisdiction. The Senate passed an amended version of a House of Representatives bill, the awkwardly named Internet Tax Freedom Act Amendments Act.
http://www.infoworld.com/article/07/10/26/Senate-passes-Internet-tax-moratorium_1.html

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