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News :: Media
03 Feb 2005
A story about taxing online purchases.
State governments finally may have figured out a way to tax online purchases from, and other Internet retailers. The problem, experts told UPI's The Web, is what the states are proposing, called the Streamlined Sales Tax Project, may not be legal.
"The states have no basis to tax the LL Bean's of the world unless they have a physical presence in the state," said Ken Bezozo, a tax attorney and partner in the New York offices of Haynes and Boone, LLP. By Gene Koprowski
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