JA Supports ‘Remote’ Sales Tax

Jewelers of America "strongly supports" a bill being considered in the U.S. Congress that would require mail-order, telephone, and Internet merchants to collect sales tax on transactions conducted with out-of-state purchasers. H.R. 3184, "the Simplified Sales and Use Tax Act of 2003," and a companion bill in the U.S. Senate would let states that have implemented the Streamlined Sales and Use Tax Agreement ask non-state retailers to collect sales tax when selling to their residents. The streamlined sales tax agreement was in response to a U.S. Supreme Court ruling that exempted remote sellers from collecting sales tax revenue from out-of-state customers. This was under the rationale that states' sales tax laws were too complex for sellers to know how much to charge customers. The legislation includes a clause that asks states to provide "reasonable and uniform compensation" to retai
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