Senate Panel Orders First Comprehensive Internet Tax Study

The Congressional Budget Office (CBO) is about to begin the first comprehensive government study on the financial impact that allowing remote sales to be taxed – whether by mail, over the Internet or other direct response methods – would have on business, consumers and state and local governments.

Senators Chuck Grassley (R-IA) and Max Baucus (D-MT), chairman and ranking minority member of the Senate Finance Committee, ordered the study with no specific deadline. They said the results of the study would help them to “make the right decisions” to resolve the issue which has been debated for years.

Amid indirect references to the seven Internet-tax related bills that have been introduced so far this year – four in the Senate and three in the House