TechNet Statement on House Judiciary Committee’s Review of Internet Sales Tax Solutions

Home » TechNet Statement on House Judiciary Committee’s Review of Internet Sales Tax Solutions

March 11, 2014

TechNet Statement on House Judiciary Committee’s Review of Internet Sales Tax Solutions

Washington, DC – TechNet, the bipartisan policy and political network of technology CEOs that promotes the growth of the innovation economy, today released the following statement in advance of Wednesday’s House Judiciary Committee’s review of Internet sales tax:

“We would like to thank Chairman Goodlatte and the House Judiciary Committee for reviewing the alternative solutions that have been proposed to the Internet sales tax issue.  The basic principals on remote sales tax released by the House Judiciary committee last September have been a helpful guide to review this issue and consider how both individuals – especially entrepreneurs – and businesses are affected by any change in the current tax process,” said Linda Moore, president and CEO of TechNet.

“The seven principals remind us that we need to look at the rights of individuals affected, the cost of compliance for technology-enabled businesses, and the need to simplify – not complicate – any system that will have to work across multiple local, state and national tax jurisdictions,” Moore commented regarding the challenges a new tax system would bring to Internet on-line sales.

“The Internet has become an essential part of our economic growth thanks to innovative individuals and companies who have helped the digital economy grow to be part of our everyday lives in this connected world,” said Moore about the importance of the Internet-driven economy.

About TechNet:

TechNet is the national, bipartisan network of CEOs that promotes the growth of technology industries and the economy by building long-term relationships between technology leaders and policymakers and by advocating a targeted policy agenda. TechNet’s members represent more than one million employees in the fields of information technology, biotechnology, e-commerce and finance. TechNet has offices in Washington, D.C., Silicon Valley, Sacramento, Seattle, Boston and Austin. Web address: www.technet.org. You can also follow us on Facebook and Twitter at @technetupdate.

For more information, please contact Amanda Byrd at 202-350-2630 or moc.364null@dryB.adnamA.

###