The U.S. House of Representatives recently signed a bill that would extend the current Internet tax moratorium for five more years.
HR-3709, the Internet Non-Discrimination Act, extends the existing moratorium until 2006 on three types of taxes, including taxes on Internet access charges, double-taxation by two or more states of a product bought over the Internet, and taxes that threaten the Internet purchases differently from other types of sales. The bill doesn’t outlaw sales taxes on Internet purchases.
“We must continue to protect the new economy from oppressive taxes and regulations,” said Rep. Randy Cunningham, R-Escondido, a strong supporter of HR-3709. “High-tech has become the new symbol of economic opportunity and freedom in America.”
Cunningham and his colleagues also signed the eContract 2000, a document outlining their commitment to high-tech America.
For more information on the eContract 2000 or HR-3709, visit (www.house.gov/Cunningham/high_ technology_ in_ the_ new_ millennium.htm).