The House last evening approved, by voice vote, H.R. 235, the Permanent Internet Tax Freedom Act.
H.R. 235 would make permanent a moratorium on state and local taxation of internet access and on multiple or discriminatory taxes on electronic commerce.
The House passed H.R. 235 under suspension of the rules—a procedure that requires the vote of at least two-thirds of voting members to pass a bill.
The Internet Tax Freedom Act currently:
H.R. 235 would make permanent the prohibition on taxes on internet access and certain taxes on electronic commerce, but would not extend the grandfather rules.
The Senate has not scheduled action on similar legislation, S. 431 the Internet Tax Freedom Forever Act.
© 2020 KPMG LLP, a Delaware limited liability partnership and a member firm of the KPMG global organization of independent member firms affiliated with KPMG International Limited, a private English company limited by guarantee. All rights reserved.
For more detail about the structure of the KPMG global organization please visit https://home.kpmg/governance.
The KPMG logo and name are trademarks of KPMG International. KPMG International is a Swiss cooperative that serves as a coordinating entity for a network of independent member firms. KPMG International provides no audit or other client services. Such services are provided solely by member firms in their respective geographic areas. KPMG International and its member firms are legally distinct and separate entities. They are not and nothing contained herein shall be construed to place these entities in the relationship of parents, subsidiaries, agents, partners, or joint venturers. No member firm has any authority (actual, apparent, implied or otherwise) to obligate or bind KPMG International or any member firm in any manner whatsoever. The information contained in herein is of a general nature and is not intended to address the circumstances of any particular individual or entity. Although we endeavor to provide accurate and timely information, there can be no guarantee that such information is accurate as of the date it is received or that it will continue to be accurate in the future. No one should act on such information without appropriate professional advice after a thorough examination of the particular situation. For more information, contact KPMG's Federal Tax Legislative and Regulatory Services Group at: + 1 202 533 4366, 1801 K Street NW, Washington, DC 20006.